OPEC production freeze

  • Saudi Arabia Increased Oil Output Reductions

    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

    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

    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

    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

    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

    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.