OPEC production freeze
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Saudi Arabia Increased Oil Output Reductions
Sunday, 15th January 2017
Saudi Arabia reduced oil production to less than 10mb/d, below its targeted level, and will consider renewing its pledge to cut crude output in six months. -
Saudi Arabia Cut Oil Exports to Asia
Thursday, 12th January 2017
Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal. -
Iraq Exported 3.510mb/d of Oil
Tuesday, 10th January 2017
Iraq's crude exports from the country's southern ports inched up in December to 3.510mb/d. -
S. Sudan to Boost Oil Output
Wednesday, 4th January 2017
South Sudan is planning to increase its oil production early January as oil prices increase following OPEC's agreement to cap output. -
Iraq Accused Kurdistan of Boosting Oil Exports
Wednesday, 4th January 2017
Iraq claimed that the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut. -
Libya Boosted Oil Production
Wednesday, 4th January 2017
Libya’s oil production reached 685,000b/d on the first day of 2017, up from roughly 600,000b/d in December.
Latest News
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.91 | +0.27% |
Crude Oil (Brent) Brent | USD/bbl | 62.85 | +0.24% |
NYMEX Natural Gas | USD/MMBtu | 2.88 | +1.30% |
OPEC Basket Price | USD/bbl | 64.24 | -0.20% |
Last Modified March 3, 2021