OPEC+ Commits to Modest Production Increase Despite Western Pressure
In a meeting that took place today, OPEC+ decided to stick to its agreed plan to ramp up oil production to 432,000 barrels of per day (bbl/d) in May, Al Sharq reported.
OPEC | Egypt Oil & Gas - Part 7
OPEC Allows Oil Production Increase by 0.4 mmbl/d in February
During the Organization Petroleum Exporting Countries (OPEC) and non-OPEC Ministerial Meeting (ONOMM), the members reaffirmed their decision to adjust the monthly oil production by 0.4 million barrels per day (mmb ...
Saudi Holds on to Top Rank as China’s Crude Supplier
Saudi Arabia retained a top spot in oil supplies to china for a ninth straight month in August as major producers relaxed production cuts.
Iraq Plans to Raise Oil Production to 8 mmbbl/d by 2027
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.
Tethys Oil’s June Production Records 342,446 bbl in Oman
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.
OPEC, non-OPEC Ministerial Meeting Cancelled
OPEC and non-OPEC ministerial meeting to discuss oil output has been canceled affecting Brent crude benchmark.
OPEC+ to Increase Production in July 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 ...
Saudi to Export Full June Volumes of Crude to Asian Refiners
Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.
Saudi Arabia, Russia Differ in OPEC+ Meeting
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
Iraq Declines Annual Oil Supplies to Indian Refineries in 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.
