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Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »Exxon Is Close To Discover A Mega Oil Reserves
Russia`s Increased Oil Output Violates Agreement with OPEC
Russia. Saudi Arabia and others are raising their oil output by one million bpd to adversely affect Iran'.s oil exports.
Read More »OPEC Oil Production Surges As Saudis Pump Near Record
The biggest OPEC producer. Saudi Arabia. pumped 10.63 million bpd in July.
Read More »Russia Reverses Almost All Its Oil Production Cuts
Russia currently expects its oil production to stay at these high levels in the next five months.
Read More »The End of Cheap Gasoline in Venezuela
Maduro promised earlier this week to roll out a new plan to ease the economic crisis.
Read More »Saudi Arabia Decrease Oil Pricing To Attract New Buyers
The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »Saudi`s July Oil Output at Around 10.290 mln bpd
Saudi Arabia pumped 10.488 million bpd of crude oil in June. an increase of 458.000 bpd from the production figure it submitted for May.
Read More »U.S. Crude Production Isn`t Growing Quite as Fast as Predicted
U.S. oil production may not be growing quite as fast as everyone thinks.
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