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NNPCL resumes production of crude oil in Awoba Field for the first time since 2021
23 Apr 2024 14:01 GMT
… Ltd., have resumed production crude oil in Awoba Field, … problems with evacuation and crude oil theft.
Soneye mentioned … crude oil production for March dropped to 23 million bpd according to OPEC … Lokpobiri attributed the low crude oil production in the first …
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US Shale Resilience Puts Pressure on OPEC+
24 Apr 2024 13:47 GMT
… recent surge in US crude oil production and exports represents … the traditional dominance of OPEC+ countries. This report explores … sector.
Last year, US crude oil production reached a record … Europe, traditionally held by OPEC+ members. The exploitation of …
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Crude Oil Prices Falls Over Weak Demand Expectations
23 Apr 2024 12:28 GMT
… the prospects for demand, crude oil prices trended lower on the … Venezuela, the market price of crude oil is retreating. The closing price … sparked by the rise in crude oil stocks in the US, … , fueled supply concerns. The OPEC+ group could influence oil prices …
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Lagos commodities exchange to trade crude oil, gas worth $4bn annually
22 Apr 2024 01:11 GMT
… commodities exchange plans to offer crude oil and gas trading to deepen … per cent of Nigeria’s crude oil production be provisioned for trading … its OPEC+ quotas, partly because of underinvestment in the industry, crude oil theft …
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OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge
23 Apr 2024 09:29 GMT
… third largest producer in the Organization of the Petroleum Exporting Countries (OPEC) cartel, which has already … cause a surge in international crude oil prices. According to Bloomberg … Iran export crude oil. Also Read: Iran's crude oil output up …
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Think Crude Oil Is Going to $100 a Barrel? Then You'll Love These 3 Dividend Stocks.
21 Apr 2024 09:55 GMT
… tightening supply management -- including OPEC cuts -- as well as … with West Texas Intermediate (WTI) crude oil prices at $85 a barrel …
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Nigeria's crude oil output goes down again in March - OPEC
20 Apr 2024 08:08 GMT
… Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped … again in March.
OPEC data … has attributed the low crude oil production in the first quarter … recovery.
Additional sources • OPEC
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Letter: Cooling our planet will be most difficult
25 Apr 2024 12:32 GMT
… gas to Europe. OPEC nations are exporting both crude oil and natural gas …
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Oil rates significantly increase following Israeli attack on Iran
25 Apr 2024 11:49 GMT
… on Iranian territory, global crude oil prices experienced a significant spike … more modest gains. Brent crude oil futures for June delivery were … producer and the third-largest OPEC member by the United … 3.2 million barrels of crude oil per day. In 2023, …
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India reiterates its partnership with Opec
21 Apr 2024 06:53 GMT
… of Petroleum Exporting Countries (Opec). India is the … export destination for the Opec as a whole, … telephone conversation with the Opec Secretary General, Haitham … crude oil, liquefied petroleum gas, liquefied natural gas and petroleum products from Opec …