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OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...
OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.
YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.