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oil market

  • In the News

    Oil Markets Unfazed by OPEC+ Cuts Extension

    by Victor Adetimilehin February 2, 2024
    by Victor Adetimilehin February 2, 2024

    Oil markets shrugged off the announcement by OPEC+ that it will extend its voluntary oil production cuts for another three months, starting in April 2024. Analysts widely expected the decision …

  • Oil & Gas

    Oil Prices Plunge as OPEC+ Cuts Fail to Impress Markets

    by Victor Adetimilehin December 4, 2023
    by Victor Adetimilehin December 4, 2023

    The latest decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to reduce oil output by an additional one million barrels per day …

  • Energy Transition

    OPEC+ May Deepen Cuts as Oil Prices Slide

    by Victor Adetimilehin November 21, 2023
    by Victor Adetimilehin November 21, 2023

    The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, are set to meet this weekend to discuss the possibility of further reducing oil production amid a …

  • MarketsOil & Gas

    Oil Demand to Hit Record High in 2024, IEA Says

    by Motoni Olodun November 15, 2023
    by Motoni Olodun November 15, 2023

    The International Energy Agency (IEA) has released its latest oil market report, forecasting a strong recovery in global oil demand in the next two years. According to the IEA, oil …

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Nigeria’s Oil Boom: Record Production in September 2023

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ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger...
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