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Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »OPEC Deal to Raise Oil Production will Control Prices`
OPEC agreed to a modest rise in oil production from next month.
Read More »Oman Continue Iran Gas Pipeline
The governments of Iran and Oman signed an agreement in 2013 for the construction of the 400-kilometre pipeline.
Read More »Libya`s NOC Confirms LNA Control of Oil Ports
Libya’s national oil production has dropped to between 600.000 and 700.000 bpd due to the closure of the ports.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »John Bolton Heading to Russia to Discuss Potential Trump-Putin Meeting
On June 10. the Russian president confirmed he was ready to meet with Trump as soon as Washington was ready for the summit.
Read More »Kazakhstan Expects Fair Redistribution of Quotas between OPEC+ Countries
Oil production at Kazakhstan'.s Kashagan field will not be increased in 2018 to 370.000 barrels per day.
Read More »OPEC Ministers Start Talks on Increasing Oil Production
Redistribution of quotas between countries to reduce oil production would become main issue at the meeting.
Read More »OPEC’s Production Hike will Affect Nigeria’s Economic Outlook
OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.
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