Tag: OPEC
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NNPC moves to cut Crude Oil Production Cost
The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down the cost of crude oil production to $10 per barrel or below,...
Oil market falls too big to offset with output cuts, IEA warns
The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen...
IEA Reports Imminent Fall in Oil Demand Due to COVID-19
The International Energy Agency on Thursday reported that oil demand is set to fall this quarter for the first time since the financial crisis in...
Platts Warns, Next 10 Years Could Be More Volatile For Fossil Fuel
Beginning from this year, the next 10 years could be more volatile for the world’s most important fossil fuel. Despite the dramas of the...
Why US Shale Producers Are Pushing For More Oil Production
United States shale producers are seriously pushing for more oil production. They are being encouraged by crude oil prices which jumped in dying weeks...
