Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.

Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.

The U.S. is confident that it would be able to sanction Iran without market disruptions.

Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.

Iran has always been a reliable energy partner for India and others.

It’s unfair to say that OPEC is not doing its part.

Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.

Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.

Libya’s national oil production fell to 527.000 barrels per day from a high of 1.28 million bpd in February following recent oil port closures.