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A service for global professionals · Saturday, June 7, 2025 · 820,055,462 Articles · 3+ Million Readers
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North Africa OPEC Newswire

  • Published on 13:10 GMT

    Dangote Refinery boosts U.S economy, Oil posts first weekly gains since Mid-May

    Nigeria, Africa’s leading producer of crude oil, has increased its imports of U.S. WTI crude due to the Dangote Oil Refinery’s growing appetite for the hydrocarbon. The refinery, which is Africa’s largest and one of the world’s most significant crude …

    Source: Nairametrics - Neutral
  • Published on Jun 6, 2025

    Oil Holds Gains On US China Trade Talks Optimism

    (MENAFN- The Arabian Post) Oil prices maintained stability following a notable rise as market participants reacted to constructive signals from high-level discussions between the United States and China. Brent crude hovered near $65 a barrel, positioning …

    Source: MENAFN - Indeterminate
  • Published on 08:49 GMT

    MENA Growth Slows to 2.6% in 2025

    MENA Growth Slows to 2.6% in 2025 In a surprising move, the International Monetary Fund (IMF) has revised its growth forecast for the Middle East and North Africa (MENA) economies for 2025, lowering it to 2.6%, down from the previous estimate of 4%. This …

    Source: Middle East Business - Neutral
  • Published on Jun 4, 2025

    Will oil sustain uptrend near-term?

    Oil prices have remained steady amidst global trade tensions and ongoing OPEC+ output increases, which have been offset by a hit to Canadian supply from wildfires. In a recent interview on CNBC Africa, Chinnan Dikwal, Vice Chair at African Energy Council, …

    Source: CNBC Africa - Neutral
  • Published on Jun 3, 2025

    OPEC Raises Oil Output as Group Begins Bumper Set of Increases

    OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey. The 12 members of the Organization of the Petroleum Exporting Countries boosted supplies by 200,000 barrels …

    Source: Rigzone - Neutral
  • Published on Jun 3, 2025

    Abuja Seeks Investors for $25 Billion Morocco-Nigeria Gas Pipeline Project

    Doha – Nigeria’s government is actively courting international investors for the $25 billion Nigeria-Morocco gas pipeline project, a key infrastructure initiative to supply natural gas to European markets. According to Nigerian media, Vice President Kashim …

    Source: Morocco World News - Pro-Government
  • Published on Jun 2, 2025

    Will Nigeria meet OPEC+ output quota?

    Nigeria's oil and gas sector is facing a pivotal moment as the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have agreed to raise crude oil output by 411,000 barrels per day for July. This decision comes as …

    Source: CNBC Africa - Neutral
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