The statement said the kingdom will coordinate with other producers.
Read More »Saudi. Russia Reaffirm OPEC Deal of MM-bbl Oil Boost
The terms of the agreement reached last month were ambiguous.
Read More »OPEC Oil Output Climbs in June as Saudi Opens Taps
Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Oil Falls Amid Rising Saudi Output. Asian Economic Slowdown
Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Libya’s Oil Output Goes Offline as Force Majeure Declared in Ports
The NOC had warned of daily losses of $67.4 million and extensive disruption to oil. gas and power operations.
Read More »Kuwait Considers Hike in Oil Output
Kuwait will raise its oil production by 85.000 bopd as part of a recently reached OPEC agreement.
Read More »Iraq. Turkey and KRG Talk over Resuming Kirkuk Oil Exports
Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
Read More »Trump Accused OPEC of Prices Manipulation
Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
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