-
Crude Oil Market Falls Despite Positive Signals
17 Mar 2024 18:16 GMT
By Adedapo Adesanya
The crude oil market depreciated on Friday … Exporting Countries and its allies (OPEC+) sustain their output cuts, … , alongside supply cuts by OPEC+, could provide support for … part of OPEC+ in the second quarter.
US crude oil stockpiles also …
-
Nigeria’s Functional Oil Drilling Rigs Increase To 16, Says Opec
17 Mar 2024 13:33 GMT
… February.
Figures released by OPEC has shown that the country … the production of crude.
OPEC data further indicated that the … oil production quota approved by OPEC.
Komolafe said, “275 per … though the actual national crude oil production currently averages 1.33 …
-
Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports
19 Mar 2024 00:53 GMT
… when several members of the Organization of the Petroleum Exporting Countries (Opec) and allies like Russia … on the economy and confidence. “Crude oil is up ... today. With … Energy Secretary Jennifer Granholm said crude oil stockpiles in the Strategic …
-
Oil Now Overbought As Focus Settles On Better Than Expected Performance From China
19 Mar 2024 00:12 GMT
… extended output cuts from the Organization of the Petroleum Exporting Countries (OPEC) were said to have … showed that China's crude oil throughput in January and February …
-
Nigeria's Oil Rig Count Hits 16, Boosting Crude Production: OPEC Reports
17 Mar 2024 07:14 GMT
… of Petroleum Exporting Countries (OPEC) in its March 2024 … the nation's crude oil production capabilities.
Steady Growth … Operations
The analysis by OPEC reveals a consistent rise … meet and potentially exceed its OPEC-approved oil production quota. …
-
International crude oil prices set to end week about 4% higher
15 Mar 2024 07:13 GMT
… in U.S. stockpiles.Brent crude oil futures fell 25 cents or … supply deficit this year after OPEC+ members extended cuts, from a … in recent months.
U.S. crude oil stockpiles also fell unexpectedly last …
-
FG disagrees with OPEC on Nigeria’s crude oil production
15 Mar 2024 05:29 GMT
… ’s average daily crude oil production.
OPEC had put the … Nigerian authorities.
OPEC receives data on crude oil production from two … secondary sources, total OPEC-12 crude oil production averaged 26.57 … higher, mo- m. Crude oil output increased mainly in Libya …
-
Nigeria now major destination for Europe’s refined crude oil – Report
15 Mar 2024 02:23 GMT
… Dangote refinery began receiving crude oil for refining in … Countries (OPEC) as the country’s crude oil production dropped … proposed an audacious daily crude oil production of 1. … of crude oil theft.
However, despite the decline in crude oil production …
-
Nigeria’s functional oil drilling rigs rise to 16 – OPEC
17 Mar 2024 00:39 GMT
… shown.
Figures released by OPEC indicated that the country’s … the production of crude.
OPEC data showed that the country … ;gas-rich nation, drills crude oil daily from onshore and offshore … though the actual national crude oil production currently averages 1.33 …
-
Crude oil production increases in Nigeria, Libya – OPEC
14 Mar 2024 15:47 GMT
… Petroleum Exporting Countries (OPEC) said crude oil output increased mainly in … data sources, total OPEC-12 crude oil production averaged 26.57 … February, Nigeria’s crude oil production rose to 1 …
According to OPEC, it obtains its crude oil production figures …