Tag: opec

June 2, 2021 Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market gradually and by the slow pace of ...

May 15, 2021.... 2 minutes read Prices Rebound Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA, International Energy ...

Minister of Petroleum Resources, Timipre Sylva met with Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea at the presidential palace in Malabo to strengthen bilateral relations ...

The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about  US$ 12.6trillion investment to enable it contribute to achieving future global oil demand.  The OPEC  Secretary ...

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies called ...

Oil prices rose nearly 3 per cent on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with millions of votes still to be counted and ...

The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much ...

The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as deadline for non-compliant member on the oil output ...

Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but less flying due to coronavirus fears means the ...

  Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it trimmed its forecast for the drop citing easing ...