Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike

Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike    Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ output hike for August and fresh concerns…

Republic of Congo Participates in Historic Organization of the Petroleum Exporting Countries (OPEC) Meeting, Production Cuts Extended into 2025

The African Energy Chamber commends OPEC and its allies for extending oil production cuts into 2025 amid efforts to stabilize the market   The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua participated in two historic OPEC meetings on…

Environment Africa Magazine

© Environment Africa Magazine 2024. All Rights Reserved