Tag Archives: Production

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

Iran’s daily gas production from the field now exceeds that of Qatar.

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

Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.

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.

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

The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.

US oil production has more than doubled over the past decade.