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Thursday, April 25, 2024
Tags OPEC

Tag: OPEC

OPEC Daily Basket Price Now $86.54 Per Barrel

This is compared with $85.46 per barrel of the previous Friday, according to OPEC Secretariat calculations obtained in Abuja as released by OPEC on Tuesday.

Nigeria Regains Top Crude Oil Production Spot In Africa – OPEC Report

The report said the near term outlook of Nigeria economy was hindered by the elevated inflationary and labour market pressures.

$11.8Trn Investments Required Between 2021-2045 In Oil Sector – OPEC

OPEC says that investments of 11.8 TRN dollars will be required between 2021 and 2045 in the upstream, midstream, and downstream oil sectors.

Oil Prices Rise As Focus Shifts To OPEC+ Meeting

In the morning, a barrel (159) of North Sea Brent crude for delivery in February cost 69.77 dollars, 90 per cents more than the previous day.

Nigeria Crude Oil Production Averaged 1.451 Mb/d In September – OPEC

It also noted that Nigeria’s non-oil economic activities grew despite the lingering effects of the current COVID-19 wave.

World Oil Demand To Increase By 5.8 Mb/d In 2021 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says world oil demand will increase by 5.8 million barrels per day in 2021.

Oil Prices beyond $100 PB Could Lead To Market Collapse – Oil Giant

The head of Russian energy giant Lukoil, Vagit Alekperov, warns of a market crash in case oil prices rise above 100 dollars per barrel.

Oil Accounts For 10% GDP, 86% Export Earnings – Sylva

Sylva said oil and gas occupied a central place in Nigeria’s development equation, being a big producer and marketer of the products.

Experts Kick Against N900B Petrol Subsidy Payment In 2022

Financial experts have kicked against the proposed N900 billion for petrol subsidy in 2022 and backed the Federal Government on its total...

Oil Prices Stagnate As OPEC+ Continues Negotiations

Oil prices have hardly moved at the start of the week, as a cautious market awaits stalling talks between the major oil-producing...

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