Tag Archives: Bloomberg News Agency

It’s unfair to say that OPEC is not doing its part.

US oil producers likely to eye Indian market as tariff war with China escalates.

The Permian. with 55% of all the active crude rigs in the country. is the busiest American field.

The U.S. is unlikely to join with China and India. though it should.

Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.

OPEC operates on consensus. and the production limits have always depended on voluntary compliance.

Saudi Arabia has enjoyed diplomatic ties with the US for decades.

OPEC'.s own oil production rose slightly in May. the monthly report showed.

Iraq on Monday joined Iran and Venezuela in opposing any plans to start boosting crude output.

Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.