OPEC supply cuts
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ADIPEC Dialogue Reveals Manufacturing Crucial For Oil Market Recovery
Wednesday, 10th June 2020
The latest ADIPEC Energy Dialogue maintains that manufacturing is key to the mid-term revival of the oil and gas markets as consumer demand is expected to lag.
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UAE to Continue Oil Supply Cuts
Sunday, 10th March 2019
The UAE plans to continue crude oil supply cuts until the market is re-balanced again.
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ADNOC to Reduce Crude Oil Allocations in July
Monday, 4th June 2018
Abu Dhabi National Oil Company (ADNOC) will cut crude oil allocations in July as a part of the OPEC agreement to slow production.
Latest News
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021