Tag
OIL OUTPUT
Eight OPEC+ countries have agreed to raise their crude oil production by 547,000 barrels per day (bpd) in September 2025, in response to improved global economic growth and improved oil market fundamentals.
Nigeria, Africa’s biggest oil producer, has set a target of boosting daily production by 2.7 million barrels of crude...
The Organization of the Petroleum Exporting Countries (OPEC) has advised the Nigerian National Petroleum Company Limited (NNPCL) to increase oil production in order to take part in the $14 trillion investment opportunity in the global oil market in the nearest future.
NNPC has deferred disclosing its future oil export plans, as it tries to keep up with its own share of the oil output cut