Africa’s 2024 oil production output bleak- Report

With the Organization of Petroleum Exporting Countries(OPEC), considering making further voluntary production cut to stabilize the global oil market a new report has predicted bleak production in Africa in 2024.

The African Energy Chamber(AEC), in its report at the weekend, dropped the forecast without supporting evidence when it said that Africa’s oil production is set for a gradual decline in 2024.