OPEC
Saudi Arabia to quietly pump extra oil to offset drop in Iranian production
Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop…
Crude oil price hits 4-year high as Saudi Arabia, Russia reject call for output raise
Crude oil prices rose on Tuesday, building on the four-year high reached a day earlier after Saudi Arabia and Russia,…
Oil prices rise $79 per barrel on OPEC production hold back, Saudi Arabia’s comfort
Oil prices rose on Tuesday as Brent crude traded at $78.71 per barrel, amid reports that Organisation of Petroleum Exporting…
OPEC says oil production rose in August due to high output in Nigeria, others
OPEC, on Wednesday said August crude production by the cartel, rose 278,000 barrels a day to average 32.56 million barrels…
Nigeria’s August crude production hits 1.87mbpd as OPEC’s total output reaches 32.89mb
Nigeria’s crude oil production rose by 70,000 barrels per day in the most of August reaching 1.87 million barrels per day from a July level of 1.8 million…
Oil prices fall as U.S. output hit record high
Oil prices fell on Thursday after data from the Energy Information Administration (EIA) showed an unexpected rise in U.S. crude…
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