Oil demand growth slows as non-OPEC supply expands, says IEA Mercy Aboagye Feb 15, 2024 0 Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it trimmed…
Oil market needs $14 trillion, says OPEC Secretary General Mercy Aboagye Feb 7, 2024 0 The global oil market will require $14 trillion in investments over the next 20 years if oil-producing nations hope…
Angola says it is leaving OPEC SpyDa Dec 21, 2023 0 Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is not serving…
Traders don’t see OPEC+ substantially lifting oil prices Mercy Aboagye Nov 30, 2023 0 Portfolio managers continued to be bearish on crude oil prices ahead of the now-delayed OPEC+ meeting, further…
OPEC source tells Reuters bigger cuts a likely option Mercy Aboagye Nov 28, 2023 0 An OPEC+ source told Reuters on Monday that the expanded cartel is considering bigger oil output cuts during its…
Angola not considering OPEC exit as output dispute roils Mercy Aboagye Nov 24, 2023 0 In the aftermath of a postponement in the next OPEC+ meeting for four days to November 30 over oil output quotas,…
OPEC oil output steady with African members making modest… Mercy Aboagye Nov 2, 2023 0 OPEC’s crude production held broadly steady last month, with modest increases across most of its African members…
Asian buyers scramble for alternative oil supplies after… SpyDa Jun 6, 2023 0 Several buyers in Asia are looking to buy spot oil cargoes from Russia, Africa, Brazil, or the United States after…
OPEC’s crude oil production hit hard as average 744,000… Rhema Dec 14, 2022 0 OPEC’s crude oil production fell by an average of 744,000 barrels per day, according to OPEC’s Monthly Oil Market…
Venezuela could add 400,000 bpd to oil output if U.S.… Rhema Mar 14, 2022 0 Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes…
Account for ¢1.26bn accrued from PSRL since 2015 SpyDa Oct 19, 2021 0 The Institute for Energy Policies and Research has asked the Finance Minister Ken Ofori Atta to account for the…