Tag: OPEC
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...
Quick Take| Oil market likely to experience more volatility
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...
OPEC+ agrees to boost output by 0.1 mb/d from September and...
WED, 03 AUG, 2022-theGBJournal| The Organization of Petroleum Exporting Countries (OPEC) and OPEC+ agreed today, at the end of their 31st Ministerial meeting, to...
Outgoing OPEC Secretary-General Mohammed Sanusi Barkindo dies in Nigeria
WED, 06 JULY, 2022-theGBJournal| Secretary-General of Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has died, the Organisation announced in the early hours...
Outgoing OPEC Secretary-General Barkindo hailed as a worthy ambassador of Nigeria
TUE, 05 JULY, 2022-theGBJournal| President Muhammadu Buhari Tuesday in Abuja expressed the nation’s gratitude to the outgoing Secretary-General of Organisation of Petroleum Exporting Countries...
OPEC forecast world oil demand to stay ‘’broadly unchanged’’ at 3.4...
TUE, 14 JUNE, 2022-theGBJournal| For 2022, world oil demand growth is broadly unchanged to stand at 3.4 mb/d, the Organization of the Petroleum Exporting...
Feature|No Oil Producing and Exporting Cartels poses more risks to the...
SAT, 07 MAY, 2022-theGBJournal | According to media reports, the US Senate Judiciary Committee on Thursday (5th May 2022) approved the passage of a...
Marking the End of An Era: OPEC Secretary General Barkindo served...
By NJ Ayuk
…Barkindo, throughout his tenure with OPEC, has fought the good fight, finished his race, and kept the faith
THUR 13 JAN, 2022-theGBJournal- Many...
OPEC revises world oil demand lower by around 0.16 mb/d
FRI 12 NOV, 2021-theGBJournal- Organisation of the Petroleum Exporting Countries (OPEC) in its latest oil market report revised world oil demand growth in 2021...
OPEC and allies will stick to their production increases pace despite...
THUR 04 NOV, 2021-theGBJournal- OPEC non-OPEC Ministerial Meeting ended today with all parties agreeing to stay with their gradual pace of production increases, despite...
