OPEC+ Pauses Output Hikes Amid Iran War
OPEC+ has paused its recent increase in oil production targets, keeping October output requirements unchanged for seven key members as ...
Tag: OPEC
Nigeria Exceeds OPEC Quota for Third Straight Month in July
Nigeria exceeded its Organisation of the Petroleum Exporting Countries (OPEC) crude production quota for a third consecutive month in July, ...
Nigeria Meets OPEC Quota Despite July Oil Production Drop
Nigeria’s crude oil production fell in July 2026, ending a steady rise recorded during the first half of the year. ...
Nigeria Crude Oil Output Hits Six-Year High as Pipeline Security Boosts Production
Nigeria's crude oil production rose to its highest level in more than six years in June 2026, underscoring the impact ...
Nigeria’s Crude Oil Production Reaches Six-Year High, Surpasses OPEC Target
Nigeria’s crude oil production has reached its highest level in more than six years, marking another major milestone for the ...
Nigeria Becomes First OPEC Member to Join IEA as Associate
Nigeria has become the first member of the Organization of the Petroleum Exporting Countries (OPEC) to be admitted as an ...
OPEC Names Nigeria Key Player in Africa’s Refining Growth, Projects $92 Billion Investment Need
Nigeria has been identified by the Organization of Petroleum Exporting Countries (OPEC) as one of the leading forces behind Africa’s ...
Oil Falls to $83 After US-Iran Accord Eases Supply Concerns
Global oil prices retreated to $83 per barrel on Tuesday after a diplomatic breakthrough between the United States and Iran ...
Hormuz Tensions Push India Toward Nigerian Crude Supplies
Escalating geopolitical tensions around the Strait of Hormuz are reshaping global energy flows, with India increasingly turning to Nigeria as ...
Nigeria’s Oil Revenue Misses Budget Target by N7.88 Trillion
Nigeria’s oil revenue recorded a significant shortfall of N7.88 trillion against budget expectations, underscoring the persistent fragility of Africa’s largest ...
