Crude output

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…
OPEC
OPEC Projects Tight Oil Markets in Advance of June Crude Output Talks
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight.
Crude Oil
Oil Prices Reach One-Year High As Global Crude Supplies Shrink
Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.
Crude Oil
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi…
Crude Oil
Norway Sees Crude Output at 2mn b/d in 2025
Crude production offshore Norway will increase to more than 2mn b/d in 2025 from 1.7mn b/d now, much of it from the giant Johan Sverdrup field, the Norwegian Pe…
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 Oil
Iraq Says October Crude Output Exceeds Opec+ Quota
Iraq exceeded its Opec+ crude output ceiling last month, when production rose by 242,000 b/d from September to 3.842mn b/d, according to state-owned marketing f…
Crude Oil
China’s August Crude Runs Hold at 14mn b/d
China's crude throughputs held largely steady near record highs in August, keeping pressure on refiners to manage high product inventories.
Crude Oil
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J…
Oil & Gas Trade
Oil Surges 5% Falling Crude Output
Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.
Oil & Gas Trade
OPEC+ Responds to Oil Market Collapse with Surprise Urgency
The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.
Crude Oil
U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020
U.S. oil demand is expected to fall by about 2.2 million barrels a day in 2020.
Crude Oil
Oil Majors May Be Forced To Cut Crude Output In Nigeria
The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.
Oil & Gas Trade
Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets
Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma…
Oil & Gas Trade
Eastern Libya Halts More Than Half the Country's Oil Output
Eastern Libya ports controlled by commander Khalifa Haftar, who is trying to seize the capital Tripoli, are shutting down oil exports, slashing national crude o…

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Crude output

Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+

OPEC Projects Tight Oil Markets in Advance of June Crude Output Talks

Oil Prices Reach One-Year High As Global Crude Supplies Shrink

US Crude Output Down Sharply on Storm

Norway Sees Crude Output at 2mn b/d in 2025

OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021

Iraq Says October Crude Output Exceeds Opec+ Quota

China’s August Crude Runs Hold at 14mn b/d

Libya Needs Months to Restore Output: Sanalla

Oil Surges 5% Falling Crude Output

OPEC+ Responds to Oil Market Collapse with Surprise Urgency

U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020

Oil Majors May Be Forced To Cut Crude Output In Nigeria

Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets

Eastern Libya Halts More Than Half the Country's Oil Output