NewsBlist
• Nigeria’s crude oil output sank in April 2024, raising concerns that the upswing recorded in January was largely unsustainable
• OPEC on Thursday announced further production cuts for next year to bolster oil prices
• OPEC+ announces production cuts to support oil market stability — The production cuts come in spite of US calls to increase production
• Organisation of Petroleum Exporting Countries and its allied producers have disclaimed any involvement in the recent decline in oil prices...
• Nigeria has emerged as the country with the highest increase in the supply of crude oil among OPEC for January 2023 supplies...
• Nigeria's crude oil output fell to 900,000 barrels per day (b/d) last month, according to OPEC's report..
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