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Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Oil Rises on Libya Export Worries
Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »Saudi Aramco Considers Presence in India`s Entire Energy Sector
Aramco is looking at ``all options`` to enter fuel retailing through partnerships with Indian oil companies.
Read More »World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »OPEC Deal to Raise Oil Production will Control Prices`
OPEC agreed to a modest rise in oil production from next month.
Read More »Libya`s NOC Confirms LNA Control of Oil Ports
Libya’s national oil production has dropped to between 600.000 and 700.000 bpd due to the closure of the ports.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »EU Studies Qatar’s Long-Term LNG Contracts
Qatar is the world´s biggest LNG producer.
Read More »OPEC Meeting Uncertainty Rose Oil Prices
The group started withholding supply in 2017 to prop up prices.
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