Oil slips as OPEC+ output hikes counter Russia disruption concerns
Oil slipped over 1% on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S. ...
Tag: OPEC
OPEC woos Namibia as African nation prepares to produce from 2030
The OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership ...
Nigeria aims to raise oil, condensates output to 2.6 mln bpd by 2026
Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day ...
Angola quits OPEC over lower production quotas
Angola announced Thursday that it's leaving the OPEC oil producers cartel, coming after it battled with the group over lower ...
Angola to scrap fuel subsidy by end-2025, says finance minister
Angola will push ahead with removing all fuel subsidies by the end of 2025, which should enable state oil company ...
African oil producers urge investment to boost production
Africa's main Oil Producers and Exporters are meeting in Luanda, the Angolan capital. They are seeking solutions to increase investment ...
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