OPEC+ will consider a larger-than-expected oil output increase on Sunday, March 1, 2026, sources have disclosed
The grouping has a history of raising oil output to cushion disruptions.
But analysts told Reuters the group currently has very little spare capacity to meaningfully add to supply, except for its leader Saudi Arabia and the United Arab Emirates (UAE).
Israel strikes Tehran after killing Khamenei
Oil prices jumped on Friday to $73 per barrel, the highest level since July, on fears of a wider conflict.
The meeting on Sunday will start at 1100 GMT and will involve only eight members of OPEC+ – Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria, and Oman.
The Joint Admissions and Matriculation Board (JAMB) has directed all candidates scheduled to participate in…
The Federal Government has approved payments to more than 1,240 contractors owed by various Ministries,…
The Kano State Fire Service says it recorded 58 fire outbreaks and 13 deaths across…
OPEC+ has agreed to raise its oil production targets for the fourth consecutive month, even…
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has urged Nigerians to stop…
The Federal Government has rescheduled the airlifting of the first batch of Nigerians wanting to…
This website uses cookies.