Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022. This came during the organisation’s meeting last week...
The Sultanate of Oman’s production of crude oil and condensates recorded an increase of 8.2 per cent by the end of February 2022 to reach 60,929,200...
A Royal Decree issued by His Majesty Sultan Haitham Bin Tarik ratified the General State Budget for the year 2022. And while it grants attention to...
Muscat: The Sultanate’s oil production stood at 232,942,500 barrels till the end of August 2021, compared to 233,575,200 barrels till the end of August 2020, comprising...
(Bloomberg) –Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. Their agreement allows for...
(Bloomberg) –OPEC may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are once again...
(Bloomberg) — Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough in...
Bloomberg – From Russia to Saudi Arabia, Iran to Venezuela, the list of crude oil supplies being curtailed or disrupted around the world is growing longer by...
