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Other OPEC countries have been increasing production in recent months.
Read More »Oil Prices Steady as Saudi Supply Balances Iran Sanctions
Qatar Plans to Boost Gas Output amid Gulf Political Row
Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.
Read More »Saudis will Boost Crude Production in The Next Three Months
Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.
Read More »Saudi ATC Expects Increase in Oil Trade Volume in 2020
ATC was set up in 2012 to market refined products. base oils and bulk petrochemicals.
Read More »Falih: I do not Influence Oil Prices
The OPEC monopoly must get prices down now!`` Trump wrote on Twitter.
Read More »Novak. Khalid Falih Holding Talks in Algeria
OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.
Read More »Iran Letter Reaffirms OPEC Divisions before Meeting
Iran argues one member has no right to steal the quota of another.
Read More »OPEC. Non-OPEC Panel Unlikely to Recommend Further Oil Output Hike
The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June.
Read More »US Shale. Next Casualty in China Trade Dispute
LNG prices in Asia are likely to remain largely unaffected for now.
Read More »Saudi`s Supply is Running Short. Oil Prices Fear to Spike
Saudi Arabia is expected to take the issue of balancing the market at the upcoming summit of OPEC.
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