Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » OPEC moves technical meetings to Wednesday

    OPEC moves technical meetings to Wednesday

    November 29, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp
    *OPEC flag.

    OpeOluwani Akintayo

    Lagos — The Organization of Petroleum Exporting Countries, OPEC has moved its joint technical committee meeting to Wednesday.

    A report by Bloomberg said the meeting that was supposed to hold today was shifted in order to give committees more time to evaluate the impact of the new Omicron coronavirus variant.

    The joint ministerial monitoring committee, which comprises representatives of the broader oil producing OPEC+ group, will meet on Thursday, it added.

    The delay will allow time for the group to analyse the market after a more than 10% drop in prices on Friday after the emergence of a new Covid variant.

    OPEC will also weigh the potential impact of reserves released by China, including a planned release by the U.S. and other consuming nations on the market.

    OPEC and its partners known as OPEC+ has been gradually increasing output following an agreement to increase output by 400,000 barrels a day each month.

    Follow us on twitter

    Related News

    Nigerian govt, sub-nationals share N1.681 trillion in April

    CAPPA slams Lagos Govt over secret water deal, demands full disclosure

    World Bank approves $350 million grant for Malawi hydropower project

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Inaugural Champions of Nigerian Content Awards holds today in Yenagoa

    May 21, 2025

    Protesters demand Shell cleanup after $2.4bn exit from Niger Delta

    May 20, 2025

    Nigerian Navy offers free medical services to over 1,500 in Rivers

    May 20, 2025

    Gold rises boosted by long-term concerns

    May 20, 2025

    Nigeria, Tanzania strengthen maritime diplomacy

    May 20, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.