Saudi Oil Output Rises 1.16% in June
Saudi Arabia, the world’s top oil exporter, produced 9.782 million barrels per day (b/d) in June up from 9.67 million b/d in May.
OPEC | Egypt Oil & Gas - Part 16
Iran Hopes to Raise Oil Exports
Iran is hoping for an improvement in crude oil exports despite further sanctions imposed by the US.
OPEC Production Hits 5-Year Low
OPEC produced 29.6 million per day (b/d) in June, down by 170,000 b/d compared with May.
OPEC+ Extends Oil Output Cut Agreement
The decision extends the deal to reduce crude oil output by 1.2 million barrels per day until the end of March 2020.
OPEC Extends Production Cuts to March 2020
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend oil production cuts until March 2020, during their summit in Vienna.
Saudi Arabia, Russia Agree on Extending OPEC+ Deal
Saudi Arabia and Russia have agreed to extend the OPEC-led crude oil production cuts by another six to nine months.
Russian Oil Output Rises to 11.15 M b/d
Russia’s oil output has increased during June, reaching an average of 11.15 million barrels per day (b/d).
Russia’s Lukoil Calls for Permanent OPEC+ Production Cuts
Russia’s Lukoil believes that the production cut agreement between the Organization of the Petroleum Exporting Countries (OPEC) and its allies should become permanent
Iran, Russia Discuss OPEC Summit Date
Iranian Oil Minister, Bijan Zanganeh discussed with his Russian counterpart, Alexander Novak, the recent updates about the next OPEC summit.
Saudi Arabia Calls for Securing Energy Supply Routes
Saudi Arabia calls for raising the countries’ cooperative efforts to secure the shipping pathways of oil and other products.
