Tag Archives: Market

OPEC members agreed to trim 800.000 barrels a day from October’s production levels for six months through June of this year.

The IEA warned that the oil industry is in danger of creating a major supply gap in the 2020s.

The rebalancing of the global oil market was a work in progress.

The amount of crude OPEC is capable of pumping is also set to deteriorate.

Aramco expected to boost its exports to Chinese refiners to 1.5 million bpd this quarter from 1 million bpd last year.

The oil business will be a major and important industry in Norway for many years to come.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

The Indian market is crucial for Venezuela’s economy.

Production in U.S. hit a record of more than 12 million bpd in February.