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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Maroc - FINANCIALMIRROR.COM - A La Une - 02/Sep 09:26
WTI falls to $72.50 as OPEC+ plans to raise output
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
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