Tag: OPEC

bY Audrey Lotechukwu MON 28 JUNE, 2021-theGBJournal- Cordros Research says they remain optimistic that global demand will maintain its rebound, albeit below pre-pandemic levels, forecasting...

By Azuka Christopher in London TUE 22 JUNE, 2021-theGBJournal- Oil prices Tuesday were slightly down on news that OPEC+ might start increasing production. Reports that...

Leading economic indicators have continued to rise, and along with them, so has oil demand – even as global oil drilling and investment have...

SAT 12 JUNE, 2021-theGBJournal- The International Energy Agency (IEA) Friday-(Oil Market Report - June 2021) said global oil demand is set to return to...

By Audrey Lotechukwu TUE 01 JUNE, 2021-theGBJournal- OPEC and non-OPEC members Tuesday agreed to extend ‘’the very generous compensation period for overproduced volumes’’ until the...

SAT 13 FEB, 2021-theGBJournal-OPEC expects oil demand to rise by 5.8 million barrels per day (bpd) this year, down by around 100,000 bpd from...

WED 03 FEB, 2021-theGBJournal- OPEC’s Joint Ministerial Monitoring Committee (JMMC) has appointed the Minister of State for Petroleum Resources of Nigeria, HE Timipre Sylva,...

By Charles Ike-Okoh MON, 14 DEC, 2020-theGBJournal- The Organisation of the Petroleum Exporting countries (OPEC) has once again revised lower oil demand outlook for 2021,...

The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time WED, 25 NOV, 2020-theGBJournal- 2020...

SAT, 31 OCT, 2020-theGBJournal-As national COVID-19 lockdowns is renewed in some European countries and U.S. case count for covid-19 remained at record levels, oil...