Nigeria Finally Meets OPEC Quota, Lokpobiri Credits Tinubu for Increased Oil Output
After over four years of consistently failing to achieve the quota allocated to it by the Organisation of Petroleum Exporting…
Tag: OPEC
Nigeria Reaffirms Commitment as OPEC Extends Oil Output Cuts into 2025
The Organisation of Petroleum Exporting Countries (OPEC) and its allies yesterday agreed to extend most of its deep oil output…
Nigeria’s Oil Output Slumps Again, Depresses OPEC’s Crude Production in April
Again, Nigeria’s crude oil output sank in April 2024, raising concerns that the upswing recorded in January and, to some…
Nigeria Boosts OPEC Oil Output in August After Forcados’ Return
There were indications yesterday that the total oil output by the Organisation of Petroleum Exporting Countries (OPEC) rose in August,…
Nigeria Agrees to Cut Oil Production to Stabilise Crude Supply Market
Nigeria has agreed to cut its Organisation of Petroleum Organisation (OPEC) crude production, to ensure global oil market stability, a…