The United States has called on the Organisation of Petroleum Exporting Countries and its allies known as OPEC+ to increase oil production to tackle rising gasoline prices. In a statement
Tag "Organisation of Petroleum Exporting Countries (OPEC)"
The price of Brent crude, against which Nigeria’s crude oil is priced, has risen to $68.03 per barrel following the decision of the Organisation of Petroleum Exporting Countries (OPEC) to
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s daily crude oil production fell to 1.17 million barrels in December 2020. According to the January Monthly Oil Market report, this
Nigeria has agreed to voluntarily cut its daily crude oil production by 939,000 barrels between January and March. This is according to a voluntary production cuts document published by the
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil export earnings recorded a rebound of 116 percent in
One of the most anticipated publications that influence oil prices will be released this afternoon. Published once a year by
Goldman Sachs, a multinational investment bank, says the new crude oil supply cut is not enough to offset the demand
The Central Bank of Nigeria (CBN) has reportedly injected $3.6bn into the forex market since February. NAN reports that the
Members of the Organisation of Petroleum Exporting Countries (OPEC) have agreed to extend oil production cuts to the end of
The recent gains recorded by global oil prices have slipped as the commodity has lost more than $2 in seven
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