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Oil output
Crude Oil
China's Crude Oil Output Picks up in September
China's crude oil production rose 3.2 percent year on year to 16.61 million tonnes in September, according to the National Bureau of Statistics.
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…
Crude Oil
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …
Oil & Gas Supply
Norway's August Oil Output Beats Forecast, Gas Lags
Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate sho…
Crude Oil
US Gulf operators restore 70pc of Ida-halted oil output
US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.
Crude Oil
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat…
Crude Oil
Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister
Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, ac…
OPEC
OPEC+ Ignores Biden, Keeps Output Plans Unchanged
The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.
Crude Oil
OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say
OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase.
Crude Oil
Pemex Restores Oil Output Suspended Due to Platform Fire
Its has resumed 421,000 barrels per day in oil production and brought back online 125 wells following a deadly fire at an offshore platform on Aug. 22.
Crude Oil
Lukoil Plans to Ramp up Oil Output at West Qurna 2 Field to 480,000 b/d in 2022
Russia ‘s second-largest crude oil producer Lukoil hopes to increase oil output at the West Qurna 2 project in Iraq to 480,000 b/d next year, the company said …
Crude Oil
Mexico’s Pemex Struggles To Restore Oil Output Lost After Fatal Fire
Mexico’s state-owned oil firm Pemex has restored part of the oil production suspended after Sunday’s fatal fire that killed seven people,
Crude Oil
Iran Oil Output Falls To 40-year Low In 2020
Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration.
Crude Oil
Libyan Crude Output could Rise 200,000 b/d by Year-End: OMV Executive
Libya has the potential to boost its oil output by as much as 200,000 b/d by the end of the year, depending on the security situation, an executive from Austria…
Oil Price
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
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