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Tag: OPEC

Africa: OPEC Keeps Oil Output Steady Amid Turmoil Among Members
  • Africa

Africa: OPEC Keeps Oil Output Steady Amid Turmoil Among Members

eriinfo.com1 month ago05 mins

Abuja — Crude price fell over 18% in 2025 The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ kept oil output unchanged yesterday after avoiding discussions of the multiple political crises affecting the producer group’s members, from the Middle East as well as Russia, Iran and Venezuela. Sunday’s meeting of eight members…

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OPEC+ members agree to larger-than-expected oil production hike in August
  • World News

OPEC+ members agree to larger-than-expected oil production hike in August

eriinfo.com7 months ago03 mins

The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they…

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