The Organisation for Petroleum Exporting Countries (OPEC) is projecting a 6.56 per cent growth in global crude oil demand to 95.89 million barrels per day in 2021, compared to 89.99 million barrels per day in 2020.
The organisation…
…Observers say it shows boost in demandPrice of crude oil peaked at $49.25/barrel in the international market, coming to sector players in Nigeria as good news as it was considered as evidence of a boost in demand…
Oil slipped to one-week lows, as several OPEC and non-OPEC ministers met to discuss a pact to curb oil output but the prospect of the group delivering deeper cuts grew more distant.
Brent September crude futures fell 18 cents on the day…
Nigeria’s oil minister is unable to attend the OPEC and non-OPEC ministerial monitoring committee meeting in Russia in July, Kuwait Oil Minister Essam al-Marzouq told reporters on Monday.
“We extended the invitation but unfortunately…
