The average production of oil during the first 6 months of the year should stand at the established quota.
Read More »Raising Crude Output by 90.000 bpd on OPEC decision
The OPEC 171st session aiming at reviewing the oil freeze plan was held in Vienna on November 30.
Read More »Iran Resolute in Quest for Bigger Oil Market Share
Iran is now pumping around 3.8 million barrels per day of oil and condensate.
Read More »Obama Extends National Emergency on Iran
In November. Obama extended a separate national emergency against Iran.
Read More »Libya’s Oil Revival Gathers Pace
Libya reopened the Sharara field last month and the nation’s total pumping rate stood at 650.000 barrels a day.
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