Tag Archives: Oil Production

The IPO will be priced on Dec. 5. the same day OPEC meets in Vienna. The OPEC+ grouping holds talks on Dec. 6.

Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated.

The CEO of Khark Petrochemical Plant said the company was to launch a project for collecting associated gases in Khark Island by next week.

The growing role of the United States as a global energy supplier would exert downward pressure on oil prices.

Oil production in the US has continued to expand and now stands at a record level of 12.9 million barrels a day.

The Russians have a grievance about the pact that they are likely to take up with their OPEC allies.

There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.

The key mathematics of US shale oil growth have become more challenging. partly because of the rapid growth achieved in 2018.

Production is projected to rise by 30.000 barrels per day. according to the Energy Information Administration.

The 177th Meeting of the OPEC Conference is expected to be held December 5. 2019.