Tag: OPEC

THUR 14 OCT, 2021-theGBJournal- OPEC said ‘’the downward revision is mainly driven by lower-than-expected actual data for the first three quarters of this year,...

TUE 14 SEPT, 2021-theGBJournal- Organization of the Petroleum Exporting Countries (OPEC) published its Monthly Oil Market Report (September 2021) Monday, forecasting world oil demand...

WED 18 AUG, 2021-theGBJournal- Congo-Brazzaville is on the precipice of an industry revolution with a reformed Hydrocarbons Code, a renewed set of national strategic...

By Audrey Lotechukwu TUE 06 JULY, 2021-theGBJournal- OPEC ministers on Monday abandoned talks on production levels with no clear cut date set for next meeting. 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...