Tags : OPEC

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Nigeria’s daily oil production falls to 1.99 million barrels.

The nation’s crude oil production including condensate fell to 1.999 million barrels per day in January from 2.081 million bpd in December, according to the Ministry of Petroleum Resources. The Organisation of Petroleum Exporting Countries, in its latest monthly oil report released on Tuesday, said Nigeria’s oil production dropped to 1.687 million bpd in January […]Read More

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Qatar Quits OPEC In January

Qatar is quitting the Organization of the Petroleum Exporting Countries (OPEC) from January 2019, Saad al-Kaabi, the country’s energy minister said on Monday. The decision to withdraw from OPEC came after Qatar reviewed ways to enhance its role internationally and plan its long-term strategy, al-Kaabi told a news conference in Doha. Qatar, one of OPEC’s […]Read More