Tag: OPEC

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...

...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...

THUR, AUGUST 10 2023-theGBJournal | According to OPEC secondary sources, total OPEC-13 crude oil production averaged 27.31 mb/d in July 2023, lower by 836...

TUE, AUGUST 01 2023-theGBJournal |Last week, the price of Brent closed on a positive note, advancing by 4.84% to settle at US$84.99/bbl. And it stayed...