Nigeria’s Rig Count Drops As OPEC Lowers 2021 Oil Demand Outlook     Confirming reports of low production and inability of the country to meet its crude oil quota, the latest monthly report of the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s rig count...

OPEC Cuts Oil Demand Outlook, Highlights Challenges   The Organisation of Petroleum Exporting Countries has cut its forecast for global oil demand growth and warned of a risk of further reduction in production as international trade disputes continues to fester. OPEC said in its monthly report published...