Nigeria’s crude oil production increased by 3.4% in August, reaching 1.352 million barrels per day (bpd), according to OPEC’s latest report. This...
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The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on Monday. This decline may be linked to plans by the Organisation of the Petroleum Exporting Countries and their allies (OPEC+) to increase production in the coming quarter. Reuters reported, citing six sources, that OPEC+ is poised to move forward with a planned increase in oil output starting in October. Eight OPEC+ members are set to raise production by 180,000 barrels per day (bpd) next month as part of a strategy to begin unwinding their most recent
Nigeria’s crude oil production increased by 3.4% in August, reaching 1.352 million barrels per day (bpd), according to OPEC’s latest report. This...
Nigeria’s crude oil production increased by 3.4% in August, reaching 1.352 million barrels per day (bpd), according to OPEC’s latest report. This...
OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for...
OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for...
OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...
OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...
Sept 2 (Reuters) – Oil prices continued to decline on Monday, extending last week’s losses, as expectations of increased OPEC+ production in...
Sept 2 (Reuters) – Oil prices continued to decline on Monday, extending last week’s losses, as expectations of increased OPEC+ production in...
Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December...
Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December...