OPEC

IEA sees global oil demand rising 2% to new high in 2023

BY HABEEB ADAMU Global oil demand will rise more than 2 percent to a record high of 101.6 million barrels…

Nigeria’s oil production plunges 1.2mbpd in April – OPEC data

BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd)…

OPEC forecasts slow recovery as world oil demand tumbles

Onome Amuge The Organisation of Petroleum Exporting Countries (OPEC) on Monday said that the world oil demand will drop in…

Oil holds gains made on high OPEC+ compliance

BY: Moses olajuwon Obajemu Oil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high…

OPEC+ achieves 95 percent compliance with oil cuts in July-Report

BY: Moses olajuwon Obajemu Compliance with OPEC+ oil output cuts stood at 95 percent and rose to 97% in July,…

Oil slides below $45 as supply rises

BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain,…

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