Oil market already rebalancing—OPEC – Daily Trust

Nigeria News News

Oil market already rebalancing—OPEC – Daily Trust
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Oil market already rebalancing—OPEC

The rebalancing of the oil market is underway and will accelerate, the OPEC cartel said Wednesday, days after some of its members voluntarily increased their production cuts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil theft: 34 oil trucks disappear in Kaduna - The NationOil theft: 34 oil trucks disappear in Kaduna - The NationThe Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Kaduna State branch, said on Monday that its members had lost 34 trucks...
Read more »

Oil down in Asia after big gains last weekOil down in Asia after big gains last weekOil prices were down in Asian trade Monday after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures.
Read more »

Oil falls as fears of second coronavirus wave take holdOil falls as fears of second coronavirus wave take holdOil prices fell on Wednesday as potential OPEC+ plans to deepen supply cuts were overshadowed by demand concerns exacerbated by a possible second
Read more »

‘Igbo not after Biafra to seize Niger Delta oil’ - The Nation Nigeria News‘Igbo not after Biafra to seize Niger Delta oil’ - The Nation Nigeria NewsLeader of proscribed Indigenous People of Biafra (IPOB) Nnamdi Kanu has said the struggle for actualisation of the sovereign state of Biafra has nothing
Read more »

Saudi to cut oil output by another 1 mn barrels a daySaudi to cut oil output by another 1 mn barrels a day“The kingdom aims from this additional cut to stimulate countries in the OPEC+ and other producing nations to comply with committed production cuts and make additional reductions in a bid to support the stability of the global oil market.”
Read more »

Oil prices rally as Saudi Arabia pledges additional cutOil prices rally as Saudi Arabia pledges additional cutOil prices rallied on Monday after Saudi Arabia said it would cut oil production by an additional one million barrels per day.
Read more »



Render Time: 2025-04-03 05:01:38