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May 16, 2026 - 11:41 AM

Tag: OPEC

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Nigeria, neighbours collaborate on security in Gulf of Guinea

President Muhammadu Buhari on Friday in Malabo, said leaders of neighbouring countries would work together and provide all necessary assistance to secure the Gulf...

OPEC November oil output slips before Aramco IPO, policy meeting

OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply...

OPEC+ faces “major challenge” in 2020 from competitors’ surging output: IEA

The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said on Friday, adding urgency...

OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak...

Despite Cuts, Oil Market Struggling as Tension between US, Iran Mounts

As tensions between the United States and Iran continue to rise, the oil market keeps struggling to sustain a rally despite supply restrictions that...

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