OPEC+ To Increase Oil Supply by 548,000 bpd in August 2025
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day
Jeremiah Ayegbusi July 5, 2025
- July 18, 2025
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day
Oil prices stabilized near their lowest levels since early June 2025, with Brent crude trading below $67 per barrel and
The International Energy Agency (IEA) has revised its 2025 global oil demand growth forecast downward by 21,000 barrels per day
Oil prices are declining ahead of the meeting of the Organization of the Petroleum Exporting Countries and its allies, collectively
The OPEC+ coalition has decided to significantly boost oil production, agreeing to increase output by 411,000 barrels per day (bpd)
The OPEC Daily Basket Price climbed to $75.96 per barrel on Tuesday, up from $75.74 the previous day, as reported
Dangote’s refinery has ignited a price war in Nigeria’s downstream oil industry, forcing oil marketers to compete aggressively for price-sensitive
In a recent address at the Heirs Energies Leadership Forum 2025 in Abuja, Adewale Adeyemi-Bero, Chairman of the Organisation of
Donald Trump’s White House return fuels global oil price debate, calling on OPEC+ for higher production to slash oil prices
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted the transformative impact of Nigeria’s Dangote Petroleum Refinery on
In a move to stabilize oil prices amid fluctuating demand, eight members of the OPEC+ coalition have announced an extension
Malaysian state–owned oil corporation, Petronas is advancing a robust expansion plan in Indonesia, aiming to establish an operations hub in
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