OPEC directs Nigeria to cut crude oil production for three months
The OPEC has set 1.829 million barrels per day as the production...
OPEC
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...
Russia, OPEC discuss oil cuts ahead of scheduled June meeting
Some OPEC members are considering output cuts till the end of 2020...
OPEC and partners mulls cutting production for the next three months
They might decide to cut oil output by about 4.3 million bpd...
Brazil’s Petrobras to cut production by 3% in response to coronavirus
The company will also delay dividend payment and slashed 2020 investments by...