Tag Archives: International Organizations

Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.

The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.

IAEA members lauded Iran cooperation with this international body and urged all sides to stick to their obligation.

Turkish Stream will have two lines. each able to carry up to 15.75 billion cubic meters.

Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.

US President Donald Trump has repeatedly blamed OPEC for rising oil prices.

The company has a deal to buy 180.000 barrels per day (bpd)Iranian oil this fiscal year.

Relations between the Iraqi government and the KRG had been strained since September 2017.

The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.

OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.