OPEC says oil production rose in August due to high output in Nigeria, others
OPEC, on Wednesday said August crude production by the cartel, rose 278,000 barrels a day to average 32.56 million barrels ...
Sunday, April 5, 2026
Tag: OPEC
Nigeria’s August crude production hits 1.87mbpd as OPEC’s total output reaches 32.89mb
Nigeria’s crude oil production rose by 70,000 barrels per day in the most of August reaching 1.87 million barrels per day from a July level of 1.8 million ...
Oil prices fall as U.S. output hit record high
Oil prices fell on Thursday after data from the Energy Information Administration (EIA) showed an unexpected rise in U.S. crude ...
Oil prices could hit $100 despite increased production from OPEC, allies
The highly volatile oil market might be faced with more volatility in the coming months as oil analysts say that ...
Brent drops to 1 month low of $72 on increased supplies concerns
Oil bulls looking for a respite from last week's sell-off were left disappointed as crude remained under pressure on Monday, ...
We are ready for lower-than $60 oil price, says Austin Avuru, Seplat CEO
Austin Avuru, Seplat chief executive officer says the company's strategy in combatting near to midium-term challenges such as decline in ...
Oil prices gain on anticipation of U.S. sanctions on Iran amidst global demand
Oil prices rose on Friday on concern that U.S. sanctions against Iran would remove a substantial volume of crude oil ...
Oil Price up by 2% as OPEC agree modest output increase
Oil prices rose on Friday after OPEC agreed a modest increase in output to compensate for losses in production amidst ...
Supply worries ahead of OPEC summit outcome as analysts see risk in a lack of consensus
Analysts and investors are in bated breath as they await the outcome of this week’s three-day OPEC summit, which ends ...
Co-operation central to stability in global oil and gas industry
Major stakeholders in the global oil and gas industry have all stressed the importance of co-operation in tackling issues such ...
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