Nigeria’s oil production plunges 1.2mbpd in April – OPEC data
BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd) ...
Thursday, April 30, 2026
Tag: OPEC
OPEC forecasts slow recovery as world oil demand tumbles
Onome Amuge The Organisation of Petroleum Exporting Countries (OPEC) on Monday said that the world oil demand will drop in ...
Oil holds gains made on high OPEC+ compliance
BY: Moses olajuwon Obajemu Oil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high ...
OPEC+ achieves 95 percent compliance with oil cuts in July-Report
BY: Moses olajuwon Obajemu Compliance with OPEC+ oil output cuts stood at 95 percent and rose to 97% in July, ...
Oil slides below $45 as supply rises
BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain, ...
Focus on OPEC as vaccine hopes fuel market optimism
The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations ...
Nigeria’s petrol-dollar receipts stand at $206bn in five years – OPEC
CREDITS: Foreign Policy Research Institute The Organisation of Petroleum Oil Exporting Countries (OPEC), said Nigeria's treasury was boosted by $206.06bn ...
Optimism around OPEC+ output pact lifts oil prices
Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand ...
OPEC to dominate oil markets for the foreseeable future — Goldman Sachs
OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current ...
Don’t expect crude demand recovery before July, says OPEC
The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting Countries ...
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