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Later this week investors will assess monthly reports from the International Energy Agency and OPEC for demand and supply forecasts.

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Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price pressure was applied by US tariffs on Canada, Mexico and China as ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted. Image by ClusterX via iStock A statement posted on OPEC’s website on ...

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the ...

The shipbroking giant said on Tuesday that 2025 looks to be “healthy” for crude tankers, in part due to the scheduled unwinding of production cuts by Opec and its allies starting in the spring.

Stakeholders accuse developed nations of obstructing investment into Nigeria • FG banks on tax reform, AEB, insists oil production hit 1.8mbpd • OPEC, NNPC, others seek more investment to oil ...

According to him, OPEC’s market research and forecasting points to the importance of Africa. “Additionally, we know from Nigeria’s countless contributions to OPEC’s successes, how ...

The Industrial Development Bank of Türkiye (TSKB) has signed a loan agreement with the OPEC Fund to support renewable energy growth in Türkiye. The Industrial Development Bank of Türkiye (TSKB) has ...