By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has once again trimmed its 2024 and 2025 oil demand growth forecasts. The bloc made...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has postponed plans to unwind several formal and voluntary crude production cuts...
By Adedapo Adesanya Crude oil prices increased by about 2 per cent on Thursday as tensions between Russia and Ukraine continued to heighten as the countries...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has said global oil demand should reach 120.1 million barrels per day by 2050, while...
By Adedapo Adesanya Oil prices soared by about 2 per cent on Monday as the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) decided...
By Adedapo Adesanya Eight members of the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday announced the extension of supply cuts until...
By Adedapo Adesanya Oil prices increased on Monday as the ongoing impact of Hurricane Francine on output in the US Gulf of Mexico offset persistent Chinese...
By Adedapo Adesanya Nigeria retained its status as Africa’s largest oil producer as its crude production rose by 45,000 barrels per day in August 2024, the...
By Adedapo Adesanya Oil prices fell by more than 4 per cent on Monday as speculation continued that the eight leading producers in the Organisation of...
By Adedapo Adesanya Crude oil prices retreated on Friday as investors weighed expectations of a rise in supply by the Organisation of the Petroleum Exporting Countries...
