Business OPEC+ agrees to raise oil output by 188,000 bpd from July Alagbe Shenayon Jun 8, 2026 The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to increase oil production by 188,000 barrels…
Business Nigeria falls short of OPEC oil production quota again Alagbe Shenayon May 13, 2026 Nigeria has once again failed to meet the 1.5 million barrels per day crude oil production quota approved by the Organisation of…
Business UAE quits OPEC, OPEC+, member countries reduced to 11 Oluwadamilare Emmanuel Apr 28, 2026 The United Arab Emirates (UAE) says it is quitting the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60…
Business OPEC hails Nigeria’s Non-Oil Growth in 2025 Toyibat Ajose Jan 15, 2026 The Organisation of Petroleum Exporting Countries (OPEC) has acknowledged that Nigeria’s non-oil sector significantly supported…
Business Nigeria misses OPEC production quota for fifth consecutive month as output… Oluwadamilare Emmanuel Jan 15, 2026 Nigeria failed to meet its assigned production target for the fifth consecutive time in December 2025, according to the…
Business OPEC+ maintains Nigeria’s crude quota at 1.5mbpd through December 2026 Alagbe Shenayon Dec 1, 2025 The Organisation of the Petroleum Exporting Countries (OPEC) and its cuts partners, including Russia, have upheld Nigeria’s crude…
News Oil prices decline as OPEC+ pauses output hikes amid oversupply concerns Alagbe Shenayon Nov 4, 2025 Oil prices dropped on Tuesday after the Organization of the Petroleum Exporting Countries and its allies, OPEC+, decided to halt…
Business OPEC+ to pause oil output increase in early 2026 amid demand slowdown Alagbe Shenayon Nov 3, 2025 The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has announced it will halt oil output increases…
News OPEC+ to raise oil output by 137,000 bpd from November Alagbe Shenayon Oct 6, 2025 The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have announced plans to raise oil production by…
Business Nigeria meets output quota of 1.5m bpd for second time in 2025 – OPEC Oluwadamilare Emmanuel Jul 16, 2025 The Organization of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.505…