oil demand | Business Post Nigeria

Crude Oil Slides as OPEC Revises Demand Estimates

October 14, 2021

By Adedapo Adesanya Crude oil prices dropped yet again on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised downward its 2021

Economy

OPEC Retains Expectations of Accelerated Oil Demand in H2 2021

June 11, 2021

Adedapo Adesanya

By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) still expects the global economy to accelerate in the second half of 2021,

Economy

Good News for Nigeria as OPEC Sees Strong Oil Demand Recovery in 2021

May 12, 2021

Adedapo Adesanya

By Adedapo Adesanya Despite the shocks that plagued the oil market last year, a semblance of good news has materialised for Nigeria and other

Economy

OPEC Raises 2021 Oil Demand by 6.6% to 5.95 bpd

April 13, 2021

Adedapo Adesanya

By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has raised its 2021 oil demand growth forecast in the hopes that the

Economy

Prices Drop as OPEC Sees Decline in Global Oil Demand

April 1, 2021

Adedapo Adesanya

By Adedapo Adesanya Prices of crude oil went southwards on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised down its 2021

Economy

Oil Falls as Demand Worry Outshines Bullish Developments

January 27, 2021

Adedapo Adesanya

By Adedapo Adesanya Crude oil pointed south on Tuesday as shaky global demand recovery took away the spotlight from a number of supportive developments

Economy

Concerns Over Crude Oil Demand Pull Down Prices

January 23, 2021

Adedapo Adesanya

By Adedapo Adesanya The oil market was down on Friday over concerns that demand in the world’s top oil importer, China, could falter amid

Economy

More Trouble for Nigeria as OPEC Cuts Oil Demand for 2021

October 14, 2020

Adedapo Adesanya

By Adedapo Adesanya Nigeria, among other oil-producing nations, still faces a tighter oil revenue as the Organization of the Petroleum Exporting Countries (OPEC) October

Economy

More Woes for Nigeria as OPEC Sees Worsening Oil Demand

September 15, 2020

Adedapo Adesanya

By Adedapo Adesanya Nigeria and other oil-dependent economies are facing a worsening situation as it appears that oil demand won’t see any improvement anytime