OPEC

Focus on OPEC as vaccine hopes fuel market optimism

The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations…

Nigeria’s petrol-dollar receipts stand at $206bn in five years – OPEC

The Organisation of Petroleum Oil Exporting Countries (OPEC), said Nigeria's treasury was boosted by $206.06bn petrol-dollar receipts arising from crude…

Optimism around OPEC+ output pact lifts oil prices

Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand…

OPEC to dominate oil markets for the foreseeable future — Goldman Sachs

OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current…

Don’t expect crude demand recovery before July, says OPEC

The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting Countries…

Financial boost beckons on African oil producers after OPEC+ slashes production by 23.7mbpd

African oil producing nations will experience a financial boost following global oil production slash that sees total world production down…

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