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Tag: OPEC

Saudi Arabia, Russia lead OPEC+ oil production cuts for next three months

OPEC+ countries, spearheaded by Saudi Arabia and Russia, have decided to prolong…

Kofi Ahovi

Traders don’t see OPEC+ substantially lifting oil prices

Portfolio managers continued to be bearish on crude oil prices ahead of…

Jeorge Wilson Kingson

OPEC opens oil cut talks, as Algeria urges members to persevere during downturn

With the global economy “still in deep recession,” the oil market’s struggles…

Kofi Ahovi

Saudis and Russians reach deal on oil production cut, but it’s less than drop in demand

OPEC and Russia reached a tentative agreement Thursday evening for a global…

Kofi Ahovi

Oil for less than $10 a barrel is on the horizon. Will OPEC blink first?

OPEC has portrayed itself as a source of stability in a chaotic…

Kofi Ahovi

When Covid-19 and OPEC Price War strikes Africa’s Oil & Gas Sector

African governments set to see decline in revenues; Exploration projects put on…

Kofi Ahovi

Saudi Arabia just won control of the oil market

When Saudi Arabia, OPEC's de facto leader and most influential member, decided…

Kofi Ahovi