Tag: Global Oil Market
OPEC Continues Discussion on Oil Recovery, Production Cut
The Organisation of the Petroleum Exporting Countries will, on Tuesday, continue its discussion on the extension oil production cuts as it set its sights...
Oil, Gas After Covid-19: Day of Reckoning or A New Era...
The combination of disruptive Covid-19 epidemic demand and oversupply has created an unprecedented crisis for the global oil and gas industry.
The oil and gas...
Global Oil Sector still Hunted by Covid-19 Damage – Expert
Oando Energy Resources, Nigeria’s wholly indigenous oil company, has said that the impact of the corona virus pandemic will continue to hunt the global...
Libyan Potential Output, Others Nudge Global Oil Prices
Oil prices fell on Monday on the potential return of output from Libya as rising corona virus cases reportedly added to worries about global...
IEA, OPEC Cite Caution About Global Oil Market, Post Covid19 Recovery
The Paris-based International Energy Agency (IEA) has slashed its 2020 outlook by 200,000 barrels per day (bpd) to 91.7 million bpd in its second...
OPEC List Challenges Confronting Global Oil Market
The Organisation of the Petroleum Exporting Countries (OPEC) has listed the challenges confronting the oil market to include uncertain prospects for the global economy;...