Oil Prices Soar on OPEC+ Supply Cuts Extension, US Presidential Elections
By Adedapo Adesanya Oil prices soared by about 2 per cent on Monday as the Organisation of the Petroleum Exporting ...
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Tag: OPEC + Cuts
OPEC+ Extends Oil Production Cuts Into 2025
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, to which Nigeria belongs, ...
Oil Market Falls Despite OPEC+ Cut Extension
By Adedapo Adesanya The oil market fell slightly on Monday, as demand headwinds outweighed a widely expected extension of voluntary ...
Crude Oil Jumps 2% as Traders Sight Possible OPEC+ Cuts
By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the ...
Oil Dips as Nigeria, Angola Aim to Meet Cuts After OPEC+ Delay
By Adedapo Adesanya Oil dipped on Thursday, extending losses on expectations that the Organisation of the Petroleum Exporting Countries and ...
APPO Supports OPEC+ 2mb/d Cut, Says it Supports Africa
By Adedapo Adesanya The African Petroleum Producers Organisation (APPO) has supported the recent decision by the Organisation of the Petroleum ...
Tight Global Supply After OPEC+ Cuts Supports to Oil Prices
By Adedapo Adesanya Oil prices rose more than 1 per cent on Thursday, holding at three-week highs after it was ...
OPEC+ Sticks to Gradual Ease of Oil Production for June
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Tuesday to continue gradually ...
Nigeria Reiterates Commitment to OPEC+ Cuts
By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement ...
Easing of Oil Output Cuts to Sway Market This Week
By Adedapo Adesanya Last week, prices of both the Brent crude and the US West Texas Intermediate (WTI) crude initially ...
