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16 June, 2025
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  • Tag: OPEC

Crude oil prices to push above $100/bbl in the second half of the year – ANZ

Posted March 16, 2023 by Emmanuella
Crude prices have plunged this week as risk aversion escalates amid the widening banking crisis. However, strategists at ANZ Bank expect the sell-off to be relatively short-lived, with fundamentals pointing to a tightening market.OPEC to maintain its production cuts announced in late 2022“For the moment, risks remain to the downside.…
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Nigeria produced 1.3 million barrels per day of crude oil in February – OPEC

Posted March 16, 2023 by Emmanuella
The Organisation of Petroleum Exporting Countries (OPEC) yesterday confirmed that Nigeria produced 1.3 million barrels per day of crude oil in February, in alignment with the country’s earlier self-reported data this month. The information which the international oil cartel made public in its Monthly Oil Market Report (MOMR), further cemented…
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