Monday, 20th September 2021
Saudi Arabia retained a top spot in oil supplies to china for a ninth straight month in August as major producers relaxed production cuts.
Wednesday, 11th August 2021
Iraqi Oil Minister Ihsan Abdul-Jabbar declared that his country plans to raise its oil production to 8 million barrels per day (mmbbl/d) by the end of 2027.
Tuesday, 27th July 2021
Production from the Swedish oil company, Tethys Oil, before the government’s cut, has amounted to 342,446 barrels of oil (bbl) from blocks 3 and 4 onshore Oman in June.
Tuesday, 6th July 2021
OPEC and non-OPEC ministerial meeting to discuss oil output has been canceled affecting Brent crude benchmark.
Wednesday, 2nd June 2021
The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will add additional production later this year to keep pace with the global recovery, according to Bloomberg.
Tuesday, 11th May 2021
Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.
Monday, 22nd February 2021
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
Sunday, 24th January 2021
Iraq has declined its annual crude oil supplies from Basra to many Indian refineries by 20% for 2021 as a part of its commitment to OPEC’s decisions.
Thursday, 24th December 2020
Gazprom Neft will increase its oil output by restarting mothballed oil wells in West Siberia and remain within the agreed output volume set by the Organization of the Petroleum Exporting Countries and its partners (OPEC+).
Thursday, 3rd December 2020
The OPEC and non-OPEC countries agreed to adjust oil production by 0.5 mb/d from 7.7 mb/d to7.mb/d, during its meeting held on Thursday.