Oil output

Oil & Gas Trade

Saudi Arabia´s New Energy Minister Reportedly Endorsed Curbing Oil Output

Saudi Arabia´s new energy minister Prince Abdulaziz bin Salman on Monday reportedly endorsed curbing oil output to address an oversupply, as major producing na…

Crude

​Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent

Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm …

Crude

To Avoid Excess Stock Buildup, Saudi Oil Output to Remain Below 10 mil b/d

Saudi Arabia's oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an …