Tag: OPEC

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...

SUN JUNE 02 2024-theGBJournal|OPEC+ countries Sunday agreed to extend the additional voluntary cuts of 1.65 million barrels per day (mbpd), announced in April 2023...

TUE MAY 14 2024-theGBJournal| The Organisation of the Petroleum Exporting Countries (OPEC) retained its global oil demand growth forecast for 2024, reiterating its bullish...

WED, FEB 28 2024-theGBJournal|The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work...

...The African Energy Chamber strongly supports the Republic of Congo and Nigeria in their efforts to continue shaping the growth and stability of the...

...Diamantino Pedro Azevedo, Angola’s Minister of Energy and Mineral Resources, confirmed the nation’s decision SAT, DEC 02 2023-theGBJournal|Angola, a prominent African oil producer and a...

FRI, DEC 01 2023-theGBJournal|Significant strides were made towards maintaining a stable and balanced oil market at the eventful 36th OPEC and non-OPEC Ministerial Meeting...

...A flat market likely is in store for Africa, as well, our report notes, but with a gradual decline in oil production in 2024. ...As...