Iraq mulls increasing oil production to 8 mn bpd by 2027
The same was revealed by Iraqi oil minister Ihsan Abdul Jabbar...
OPEC
OPEC+ to boost oil output by 400,000 barrels a day each month till Dec 21
The deal will also boost the oil output of regions like UAE,...
Oil surges to 2018 highs forth OPEC+ meeting
The dispute between Iran and the US over a nuclear deal is...
How the pandemic weighs on global oil
The global consumption is expected to remain below its pre-pandemic trend for...
OPEC directs Nigeria to cut crude oil production for three months
The OPEC has set 1.829 million barrels per day as the production...
Russia record worst crude oil production slump since 2008 crisis
The country’s crude oil and condensate production has hit a record high...
Aramco plans to sell stakes in subsidiaries to foster cash flow
The oil major recorded a Q3 slump of 44.6 percent to $11.9...
Global oil prices surge ahead of OPEC’s crucial meeting
OPEC has imposed production cuts of 7.7 million bpd this year...
Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to...
Adnoc to cut crude nominations by 5% for July
The decision is in line with OPEC’s last month’s decision to reduce...