OPEC+ Archives - Global Upfront Newspapers

23-member OPEC+ States Decide To Keep Current Oil Production Plan Of Cutting 2 Million Barrels Per Day – Source

Global UpfrontDec 4, 2022December 4, 20220

The ministers of OPEC+ member states have decided to keep the current oil production plan which involves cutting production to two million barrels per day

Crude Oil Theft: Nigeria Drops To 7th On OPEC Production List

Global UpfrontNov 21, 2022November 21, 20220

Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for November,

OPEC+ Members Line Up to Back Oil Production Cut After U.S. Accusations Against Saudi Arabia

Global UpfrontOct 17, 2022October 17, 20220

OPEC+ member States lined up on Oct. 16 to endorse a steep production cut agreed upon this month following accusations from top Biden administration officials

U.S. Congress Set To Enact ‘NOPEC’ Bill To Take On Saudi Arabia, Russia, Nigeria, Others Over OPEC+ Oil Production Cut

Global UpfrontOct 12, 2022October 12, 20220

Momentum is building in Congress in support of legislation that would take on the OPEC+ group of oil-producing nations that just announced cuts in production

Biden ‘Disappointed’ By OPEC+ Decision To Cut Oil Production

Global UpfrontOct 5, 2022October 5, 20220

The White House on Wednesday admonished what it called a “shortsighted decision” by OPEC and its allies to cut oil production by 2 million barrels

Nigeria Is No Longer Africa’s Biggest Oil Producer, Now Behind Angola And Libya: Here’s Why

Global UpfrontSep 26, 2022September 26, 20220

Nigeria’s oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per day (bpd) in August 2022.

OPEC+ Announces Oil Production Boost Following International Pressure To Tame High Prices

Global UpfrontJun 2, 2022June 2, 20220

OPEC+ pledged on Thursday to increase oil production further after resisting repeated calls by the Biden administration and other nations to do so to tame

Nigeria, Angola Responsible For Almost Half Of OPEC+ Oil Supply Gap

Global UpfrontMay 7, 2022May 7, 20220

Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting