Tag: OPEC
Oil market predictions and what they mean for Africa
...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...
Higher production from Nigeria, Saudi Arabia and Kuwait drive OPEC-13 crude...
...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...
Nigeria’s crude oil production slumps by 40,000bpd as total OPEC-13 production...
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...
Oil Watch| Oil trades near three-month high well above FG’s US$75.00/bbl...
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...
OPEC cut Nigeria, Angola’s oil production quotas
MON, JUNE 05 2023-theGBJournal |OPEC shaved Nigeria's oil production quota by as much as 20.7 per cent Sunday after failing consistently to meet its...
Oil prices surge above $84 following OPEC+ production cut
MON. 03 APRIL 2023-theGBJournal | Oil price jumped to around $85 per/barrel Monday after a surprise announcement by world’s largest producers to cut production by 1.15...
Oil prices rise after denial of imminent OPEC split
SAT. 04 MARCH 2023-theGBJournal | Oil prices recovered quickly Friday after it dropped dramatically by $2 per barrel on rumours that the United Arab Emirates (UAE)...
Quick Take|Crude oil prices likely to remain well above the US$73.00/bbl...
TUE. 06 DEC, 2022-theGBJournal| Last week, the price of Brent rebounded, ending three consecutive weekly losses. Brent closed up 2.3 to settle at US$85.57/bbl....
Oil Brief| Oil prices stay strong
TUE, 01 NOV, 2022-theGBJournal| Last week, the price of Brent extended gains for the second consecutive week, up 2.43% to settle at US$95.77/bbl. As...
OPEC+ agrees to cut oil production by 2 million barrels/d, the...
WED, 05 OCT, 2022-theGBJournal| OPEC+ in Vienna today announced a cut in oil production of 2 million barrels a day, the deepest since the...
