Tag
OIL
Energy strategist and CEO of Energy Inc. Advisory, Rolake Akinkugbe-Filani, joined Drinks & Mics for a raw, refreshing...
Africa’s most populated country is set to draw the battle line with OPEC+ and its allies as Africa's largest oil producer aims for higher oil output, despite Crude prices falling in the past month as hopes of more supply cuts by the oil cartel were largely offset by a delay in the meeting.
Panelists at FocusEconomics project Nigeria’s crude oil production to average 1.36 million barrels per day in 2024.
Global dividend payouts experienced a modest decline in the third quarter, falling 0.9% on a headline basis, as companies grappled with volatile commodity prices.
According to the report, oil production figures aside from condensate production from the top four oil producers in Africa were stated as follows:
The Head of Economic Research at Allianz Trade, Ana Boata, has warned that oil prices could hit $140 per barrel by 2024 if the Middle East conflict persists.
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that between October 7 and 13, there were 205 crude oil theft incidents recorded across the Niger Delta’s oil-producing regions.
In the monthly oil market report released by the Organization of Petroleum Exporting Countries (OPEC) on Thursday, October 12, detailed insights into the oil production for September were provided.
Nigeria produced 1.5 million barrels per day of crude oil in September 2023. This is the highest level of production since the start of the year.
OPEC+ Leaders have agreed to cut oil production by 3.6 million bpd starting from July, with Saudi Arabia spearheading plans to cut its output.
Remote workers need clear communication and guidance from their managers to stay on track and feel supported.
Although both benchmarks have posted negative Q3 performance, we could be on the precipice of another bull run as oil bulls are now looking toward the next week’s meeting of the Organization of Petroleum Exporting Countries and its allies