Libya and Nigeria. both OPEC member states are exempted from the obligation to cut production within the deal.

".Whatever the agreement will be. we will support it.". the minister said.

Russia is the producer everyone is watching ahead of the OPEC meeting.

Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.

Oil market was in a much better position than it was last year. which was a result of producers complying with the cuts.

Total. now expects the production from the Martin Linge field to begin in the first half of 2019.

Oil prices have risen by more than 20% since September on the back of expectations for a deal extension.

OPEC members will discuss extension of the body'.s production cut plan to curb the global oil glut and rebalance the market.

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.

Ten non-OPEC countries will attend the meeting of OPEC+ in Vienna on November 30 to discuss increasing the number of the deal’s participants.