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.
OPEC | Egypt Oil & Gas - Part 8
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.
Gazprom to Restart Mothballed Oil Wells in Siberia
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+ Alleviates Oil Production Cuts to 7.2 mmbbl/d
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.
