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Higher production from Nigeria, Saudi Arabia and Kuwait drive OPEC-13 crude...

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...Output from Nigeria rose to 1,390 tb/d in September from 1, 181 tb/d. THUR, OCT 12 2023-theGBJournal| ''According to secondary sources, total OPEC-13 crude oil...

Quick Take| Oil market likely to experience more volatility

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TUE, 16 AUG, 2022-theGBJournal| Last week, the price of Brent rebounded, gaining 3.40% w/w to settle at US$98.15/bbl. As a result, Brent is up...

IEA urges OPEC and its allies to ‘’open the taps’’ to...

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SAT 12 JUNE, 2021-theGBJournal- The International Energy Agency (IEA) Friday-(Oil Market Report - June 2021) said global oil demand is set to return to...

ABB urges greater adoption of high-efficiency motors, drives to combat climate...

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…Global electricity consumption to be reduced by 10% WED 24 MARCH, 2021-theGBJournal-In a new whitepaper published recently, ABB, global technology company, revealed the potential for...

IEA says oil stocks, non-OPEC output to buffer market from shocks

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Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market weather political shocks such...