Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care of oil prices before the U.S. election in November. “You gotta bring down ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
Legit on MSN15h
Nigeria, Iran cause OPEC's January crude oil production dropDespite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
After having a stellar start to the year, oil have slipped again as US President Trump called on the world’s top producers to ...
The Punch Newspapers on MSN22h
OPEC oil output declined in January – ReportThe Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
The total is equal to about 5.1% of world oil demand, expected by the IEA to average almost 104 million bpd in 2025. Spare capacity is held by the largest producers in OPEC as well as some of ...
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