Tag Archives: World Oil

Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.

China passed on U.S. crude for much of the second half of last year amid a series of tit-for-tat tariff measures.

Wintershall is celebrating and commemorating its 125th birthday by publishing information and staging events in the anniversary year.

Crude shipments to the U.S. from OPEC and its partners fell to 1.41 MMbpd in January.

Russia’s reductions are modest compared with the cuts from some of its partners.

A surge in OPEC production in late 2018 means the market started this year better supplied than the last.

Europe’s LNG imports are expected to increase by 14% to 56 Bcm.

The United States began exporting LNG from the Lower 48 states in February 2016.

The launch of the crude oil program will make a significant contribution to the company'.s liquids production growth.

The gas being exported out will likely fetch higher prices right now in Europe and Asia.