Nigeria’s Bonny Light Among Top Price Earners - OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil blend – the Bonny Light – was among the top price earners in its February Oil price Reference Basket (ORB), with a 7.7...
OPEC, Allies Will Stabilise Oil Market, Says Saudi Minister
Saudi Arabia’s Energy Minister, Khalid Al-Falih, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by Russia still have a lot of work to do to balance global...
Slowdown In Global Economic Growth To Weaken Oil Demand - OPEC
Organization of the Petroleum Exporting Countries (OPEC), has warned that slowing global economic growth would weaken oil demand for 2019, providing support to calls by some of the bloc’s members to extend price-bolstering crude...
Report Shows Nigeria Produced Above OPEC Oil Quota In Feb
Nigeria, Africa’s top oil producer, pumped more crude oil in February than the quota given by the Organisation of Petroleum Exporting Countries, a new survey has shown.
OPEC and 10 non-OPEC countries agreed in December to...
OPEC May Shift Forward Oil Output Decision Till June
The Organization of the Petroleum Exporting Countries (OPEC) will likely wait until June to decide how to proceed with the production cuts as the initially set date for review, April, could be too soon to assess...
Nigeria Complied With OPEC Cut Deal In February, Says Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said Nigeria implemented its portion of the production deal by the Organisation of Petroleum Exporting Countries in February, a move that enhances the impact...
