OPEC production | Egypt Oil & Gas
OPEC Oil Output Increased Significantly in June, According to a Reuters Survey
The Organization of the Petroleum Exporting Countries (OPEC) raised production by 3.3 million barrels per day (bpd) compared to May, reaching a total of 19.43 million bpd. This rise followed a period of reduced output...
Oil Prices Surge as Iran Sanction Waivers End
Oil prices have surged on April 22 as the US finalizes its decision to impose sanctions on Iranian oil importers, Reuters reported. Brent crude reached $74.3 per barrel, up by 3.3%, hitting a five-month high since its...
Iraq’s Oil Reserves Increased to 153b Barrels
Iraq’s oil reserves have increased to 153b barrels, from a previous estimate of 143b barrels, according to the Oil Minister, Jabal al-Luaibi, The Star informed. Al-Luaibi added that Iraq will ask the Organizatio...
OPEC Meets 82% Compliance with Freeze Deal
The Organization of the Petroleum Exporting Countries’ (OPEC) oil output was set to fall by more than 1mb/d in January to prop up oil prices and reduce a supply glut. Supply from 11 OPEC members with production ... EIA: Global Oil Glut Persists Despite Demand Growth
The Energy Information Administration (EIA) said that the oil market is maintaining a global crude glut despite global demand growth, a drop in non-OPEC production, and a decline in crude stockpiles, Economic Times re...
Platts: OPEC Pumps 29.27 MMbpd in Dec
The 12-member Organization of the Petroleum Exporting Countries’ (OPEC) crude oil production averaged 29.27 million barrels per day (b/d) in December, up 170,000 b/d from an estimated 29.1 million b/d in Novembe...Page 1 of 1
