Saturday, July 18, 2026

Joint Ministerial Monitoring Committee (JMMC)

February 3, 2025

OPEC+ reiterates commitment to monitor production adjustment

The meeting also welcomed renewed pledges by the overproducing countries.

OPEC
December 5, 2024

OPEC reaffirms commitment to global oil market stability

He expressed the federal government’s resolve to remain dedicated to fostering partnerships within OPEC and beyond.

OPEC
June 6, 2023

Nigeria’s oil production reduced amid OPEC’s 1.393 million barrels daily cut

OPEC and its allies have agreed to cut global oil production by 1.393 million barrels daily, reducing Nigeria’s oil production quota by 20.7 per cent.

Refinery