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...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, to which Nigeria belongs, agreed on Sunday to extend a...
By Adedapo Adesanya Africa may yet get another producer in the wider Organisation of the Petroleum Exporting Countries and its allies (OPEC+) after the exit of...
By Adedapo Adesanya Reduced crude oil exports by Nigeria were one of the major reasons why the Organization of the Petroleum Exporting Countries (OPEC) recorded a...
