OPEC
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Economy
Bonny Light Prices Rise Amid Iran-US Tensions at Strait of Hormuz
Nigeria’s benchmark crude oil grade, Bonny Light, closed slightly higher on Friday as escalating tensions between Iran and the United…
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Economy
PETAN urges Nigeria oil boost amid OPEC uncertainty
The Petroleum Technology Association of Nigeria (PETAN) has urged Nigeria to raise oil and gas output as shifting OPEC+ dynamics…
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Economy
UAE Exits OPEC, Raising Concerns Over Global Oil Stability
The United Arab Emirates has announced plans to withdraw from OPEC and its allied grouping OPEC+, ending nearly 60 years…
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News
Oil Market Volatility: OPEC+ Hikes, Tariffs, and Geopolitics Shape Future Prices
Oil prices are on track for a second consecutive weekly decline amid expectations that the eight-member OPEC+ group will move…
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News
Oil’s Rollercoaster: Trade Peace, War Fears Fuel Price Hikes
Oil prices rose in the global commodity market on Monday as investors reacted to US President Donald Trump’s decision to…
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World
US Oil Production to Increase Significantly in 2025: OPEC Report
Organization of the Petroleum Exporting Countries, OPEC, has downgraded the forecast for the U.S. oil and condensate production in 2025…
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