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Tag: OPEC

OPEC Faces Unsettled Terrain as Monitoring Meeting Looms in February

The Organization of Petroleum Exporting Countries (OPEC) and its allies, led by Russia, are gearing up for their first Joint Ministerial Monitoring Committee (JMMC) of 2024, slated for early February, although the exact date remains unconfirmed. The impending meeting holds […]

OPEC Decision on Oil Production Cut, Unanimous – FG

According to the Federal Government on Tuesday, the Organization of Petroleum Exporting Countries’ decision to reduce crude oil production by two million barrels was unanimous. As revealed in a statement that bears the personal signature of Chief Timipre Sylva, the […]