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Crude output cut
Crude Oil
North Dakota Crude Output Cut by 520,000 B/D After October Wildfires
North Dakota, the third-largest producing state in the U.S., saw its crude production fall by 520,000 barrels per day in October after operators shut in wells t…
Crude Oil
Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+
The UAE agreed with the other 22 OPEC+ members that monthly output cuts should be eased by 400,000 barrels a day from August, but said the extension should be t…
Crude Oil
OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021
U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses
Crude
Asia Seen Adequately Prepared for Deeper OPEC Crude Output Cuts
Asia appears well prepared for OPEC's new crude production cut era as Chinese, South Korean and Japanese refiners' flexible feedstock procurement strategies wou…