OPEC

Nigeria’s Oil Production Drops to 1.31 Million Barrels Per Day, Misses OPEC Target

Abuja, Nigeria – Nigeria's crude oil production fell to 1.31 million barrels…

OPEC+ Approves Faster Oil Production Hike as Gulf Crisis Escalates

OPEC+ has agreed in principle to increase oil production by 206,000 barrels…

OPEC+ Holds Oil Production Steady Despite Member Crises

OPEC+ decided to maintain oil output at current levels during a brief…

Nigeria’s Oil Output Rises Slightly In November But Still Below OPEC Target

Nigeria’s crude oil production rose slightly to 1.436 million barrels per day…

OPEC Rejects Claims It Forecasted a Global Oil Supply Surplus for 2026

The Organisation of Petroleum Exporting Countries (OPEC) has firmly denied reports suggesting…

Nigeria To Seek Higher OPEC Quota At November Meeting — Lokpobiri

Nigeria will push for a higher crude oil production quota from the…

OPEC+ Raises Oil Output by 137,000 Barrels per Day from November

The Organisation of Petroleum Exporting Countries and its allies, OPEC+, have agreed…

OPEC Trims Global Oil Demand Forecast Amid US Tariff Concerns

The Organisation of the Petroleum Exporting Countries (OPEC) has adjusted its 2025…

NNPC Ships First Self-Chartered Crude Cargo to Europe, Signaling Shift in Nigeria’s Oil Export Strategy

The Nigerian National Petroleum Company Limited (NNPC) has marked a major milestone…

Nigeria’s Oil Production Inches Up in January, Meeting OPEC Quota

Nigeria's crude oil production saw a modest uptick in January, according to…