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Keywords: OPEC+
Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......
The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2025, citing "escalating trade tensions" linked to U.S. tariffs. After a period of relative calm, global oil markets have been shaken by a wave of tariff announcements in early April, according to the......
The $25 billion Nigeria-Morocco Gas Pipeline (NMGP) project is on the brink of a significant milestone, as the final investment decision (FID) is expected by the end of 2024, announced Mele Kyari, Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL). Kyari made this......