Friday, April 26, 2024
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Tag "production cuts"

Oil price hits $80 per barrel as OPEC+ retains monthly output

    Oil price hits $80 per barrel as OPEC+ retains monthly output

Oil prices surge on Tuesday as Brent crude, global oil benchmark, surpassed $80 per barrel. At 16:00 GMT +1 on Tuesday, Brent crude climbed 1.09 percent to $80.07 a barrel

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OPEC cuts: Nigeria to reduce daily crude oil production by 313k barrels

    OPEC cuts: Nigeria to reduce daily crude oil production by 313k barrels

Nigeria has agreed to voluntarily cut its daily crude oil production by 939,000 barrels between January and March. This is according to a voluntary production cuts document published by the

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