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OPEC Daily Basket Price Closes At $121.54 Per Barrel

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $121.54 per barrel as of...

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Buhari To Unveil New NNPC Ltd July 18 – Kyari

The new Nigerian National Petroleum Company Ltd (NNPC Ltd.) will be unveiled by President Muhammadu Buhari on July 18, 2022. The Chief Executive Officer of...

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Oil Prices Climb Despite Demand Destruction Claims

Despite reports from the IEA and OPEC that emphasized a decline in oil demand, oil prices jumped on Friday due to fears of Europe...

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OPEC+ Misses Production Target By Whopping 2.7 Million Bpd

All 13 members of OPEC saw their production rise by just 153,000 barrels per day. OPEC's collective production rose to 28.648 million bpd...

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OPEC Daily Basket Price Now $113.39 Per Barrel

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 113.39 dollars per barrel as...

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OPEC+ Oil Production Is 1Million Bpd Lower Than Target Level

...Compliance with OPEC+ output cuts jumps to 136% in February. ...For more than seven months now, OPEC+ has actually added lower volumes to the market...

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OPEC+ Faces Difficult Meeting Amid Ukraine Crisis

...OPEC+ faces a unique set of challenges as it is set to convene on March 2nd. ...OPEC+ producers are likely to maintain the current policy...

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