RBC's Helima Croft: There are no indications that OPEC has any appetite for a 'barrel bailout'
Helima Croft, global head of commodity strategy at RBC Capital Markets, and Fred Kempe, president and CEO of Atlantic Council ...
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
TheCable11h
OPEC says Nigeria’s crude oil production dropped marginally in December
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...
Oil Glut Will Expand in 2026 as OPEC Output Rebounds, EIA Says
Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...
wam.ae2h
OPEC Fund contributes to co-financing Africa’s largest onshore wind power project
VIENNA, 16th January, 2025 (WAM) -- The OPEC Fund for International Development (the OPEC Fund) is co-financing Africa’s largest onshore wind power project, contributing US$30 million to the ...
Anadolu Ajansi13h
Oil prices drop after Gaza cease-fire agreement, increased OPEC production data
Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...
Arise4h
Dangote Refinery’s Increased Petrol Production Will Pressure European Market, OPEC Reports
OPEC has highlighted that Dangote Refinery's growing petrol output is creating surpluses in Europe’s market and reshaping ...
The Punch Newspapers11h
Dangote refinery petrol production affecting European markets – OPEC
OPEC says the Dangote Petroleum Refinery and its efforts to ramp up petrol production are impacting the PMS market in Europe.
Oil prices climb as traders weigh OPEC and IEA demand forecasts
Oil futures climbed Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the U.S. and ...