Tag: OPEC

THUR FEB 12 2026-theGBJournal| Nigeria's crude oil production fell 1.27% in January 2026 to 1.478 million barrel per day from 1.497 million barrel per...

THUR NOV 13 2025-theGBJournal| Nigeria’s crude oil production saw marginal increase in October, up from 1.39 million bpd recorded in September, according to the...

MON SEPT 08 2025-theGBJournal| Eight members of OPEC+ meeting virtually on Sunday, agreed to raise production further from October but at a slower pace,...

SAT AUG 23 2025-theGBJournal| Nigeria’s crude oil output remained above its OPEC+ quota of 1.50 mb/d for the second consecutive month, averaging 1.50 mb/d...

...The African Energy Chamber calls on OPEC producers and international institutions to end exclusionary financing policies and restore critical upstream oil and gas investment...

MON DEC 16 2024-theGBJournal| Nigeria solidified its position as Africa's top oil producer in November, with production rising to 1.48 million barrels per day...

...Sharing insight into the recently-launched World Oil Outlook, OPEC underscored the role African producers will play in meeting the world’s rising demand for crude FRI...

MON NOV 04 2024-theGBJournal|Brent Futures rose by $1.14 per barrel to $74.24 a barrel in early Monday trading after OPEC+ said on Sunday it...

TUE OCT 15 2024-theGBJournal| Brent crude fell 3% to $75.11 per barrel on Tuesday, more than $2 below Nigeria's 2024 budget assumptions on weaker...

...The forecast for world oil demand growth in 2025 is also revised down by 102 tb/d to 1.6 mb/d, y-o-y. ...Nigeria's crude oil production dropped...