Tag Archives: Bloomberg News Agency

Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.

Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.

The production decline is the first since the beginning of this year.

Oil price hit their low for the year Friday as U.S. production continued to grow.

Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.

As oil prices have headed south. Saudi Arabia said it would cut exports by 500.000 bopd next month.

OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.

The United States has been increasingly critical of China-backed infrastructure projects.

Venezuela’s crude production could soon sink to below 1 million bpd.

Spot LNG prices in North Asia have slumped for seven weeks in the longest losing streak since January 2016.