International Energy Agency Predicts Significant Oil Supply Surplus
This projection comes just days after the OPEC+ consortium of major crude producers indicated they would begin to unwind output cuts this autumn.
This projection comes just days after the OPEC+ consortium of major crude producers indicated they would begin to unwind output cuts this autumn.
Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, has linked the reduction of crude oil production in the initial quarter of the year to challenges encountered with the Trans-Niger pipeline and maintenance operations conducted by certain oil companies. In a statement made by his media aide, Nnemaka Okafor, the Minister assured that these…