(Bloomberg) — Oil fell as Russia sounded a cautious note on whether OPEC and its partners may cut production further, while industry data showed U.S. crude...
The Organization of the Petroleum Exporting Countries (OPEC) and its allies are mulling options, including a further cut in oil supplies ahead of their December meeting,...
(Bloomberg) — OPEC’s oil production tumbled the most in 16 years last month after an attack on Saudi Arabia’s energy facilities temporarily halved output in the...
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed during the...
(Bloomberg) — Deeper oil-production cuts aren’t on the agenda as OPEC+ ministers gather in Abu Dhabi, but there’s growing concern about the strength of fuel demand...
(Bloomberg) — OPEC’s Middle East oil exporters boosted crude supplies to their highest level in four months in August, even as the group’s biggest producer Saudi...
The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels, a Ministry...
(Bloomberg) — Drip by drip, the oil producing countries of the Middle East are watching their share of the global crude market drain away. U.S. production is...
(Bloomberg) — OPEC and its allies have much work ahead to balance global oil markets and are prepared to do what’s necessary in the second half, Saudi...
