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OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.
Read More »Russian Oil Production Steady in August Near Post-Soviet High
Nord Stream 2 Pipeline Progress despite Sanction Risk
Uniper will remain one of the financing partners of this project.
Read More »Libyan and Iraqi Production Back Oil Output in 2018
The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.
Read More »Iraq Oil Exports Average 3.583 mln bpd in August
Iraq exported 3.543 million bpd of crude oil in July.
Read More »More but Small-Scale Oil Industry Restructuring Ahead
The oil industry went through a lot of restructuring and consolidation after the oil prices crashed in 2014.
Read More »U.S. Energy Companies Angry about Rejected Steel Tariff Exemptions
The Trump administration recently said it would double tariffs on steel from Turkey.
Read More »Oil Edges Up on looming Iran Sanctions. but Rising Global Supply Caps Market
Currently. non-OPEC supply outages are at a 15-month high of 730.000 barrels per day.
Read More »Oil Markets Lower amid Mixed Price Signals
OPEC and its allies agreed in late 2016 to cut output from 2017 by around 1.8 million barrels per day (bpd) versus October 2016 levels.
Read More »Oil Stable as U.S.-China Trade Dispute Weighs
OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
Read More »Oil Producers Cut July Output by 9 Percent more than Agreed
The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.
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