OPEC's crude oil production rose by 3,000 barrels per day (bpd) in March compared to February, with Iran and Saudi Arabia seeing slight boosts whi...
The OPEC+ alliance yesterday announced that it is keeping the current oil production cut policy unchanged, in an attempt to maintain global stability ...
OPEC's latest Monthly Oil Market Report, released on Tuesday, forecasts a significant increase in global oil demand of 1.8 million barrels per day...
Iraq's Oil Minister, Hayan Abdel-Ghani, claimed that his country, the second-largest producer in OPEC, is still committed to carrying out the self...
Oil production by OPEC+ members fell to its lowest level in six months in January, according to an S&P Global Platts survey. This was the large...
The OPEC+ group has announced that there are no immediate plans to change the current oil production policy and cuts. The current oil production cu...
Oil prices fell more than 1% on Monday, with sharp price cuts by top producer Saudi Arabia and an increase in OPEC output offsetting concerns over gro...
Crude oil prices fell globally on Thursday as a result of Angola's decision to leave the global oil cartel due to a disagreement over the producti...
Nigeria is the top producer of crude oil in Africa for November 2023, according to the Organisation of Petroleum Exporting Countries' (OPEC) ...
The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, Saturday said there was no “single solu...
The Organisation of Petroleum Exporting Countries (OPEC) revealed in a news statement on November 30 that Nigeria is expected to produce 1.5 million b...
Nigeria and Angola have been firmly against the Organisation of the Petroleum Exporting Countries' (OPEC) proposal to lower their production limit...
Oil futures edged higher on Monday, extending gains on prospects of OPEC+ deepening supply curbs to prop up prices, which have declined for four weeks...
Nigeria led Africa in crude oil production in October 2023, producing 1.35 million barrels per day, according to OPEC's most recent report on the ...
Nigeria significantly increased the Organisation of Petroleum Exporting Countries' (OPEC) total oil output for the month of October 2023, accordin...