Tag Archives: Bloomberg News Agency

Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.

In Asia. America’s closest allies Japan and South Korea have followed suit for now.

North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.

Expensive energy is back and it is threatening global economic growth.

Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.

The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.

Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.

Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.

The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.

Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.