Thursday 30 October 2014
 
»
Tag
 
»
Oil output

Oil falls below $88 after IEA cuts demand forecasts

Brent crude fell below $88 a barrel on Tuesday, returning to a nearly four-year low hit the day before, after the world's energy watchdog cut its estimates for oil demand this year and next. The global oil benchmark has droppe

More…

Opec oil output hits highest since 2012 on Libya, Saudi

Opec's oil supply jumped to its highest in almost two years in September due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub-$100 per barrel oil prices, a report said.

More…

Saudi oil output seen steady on expected rise in demand

Saudi Arabia is likely to keep its oil output steady throughout the rest of the year as world oil consumption is expected to rise and domestic demand for crude eases during the winter.   Oil prices ha

More…

Saudi oil output rises to 9.7m bpd in June

Saudi Arabia produced 9.780 million barrels per day (bpd) of crude oil in June, up from 9.705 million bpd in May, an industry source familiar with the matter said on Wednesday. The world's largest oil exporter and Opec heavywe

More…

Iran ready for oil output hike post-sanctions

Iran put Opec on notice of its plans to raise output swiftly with the help of foreign investors immediately after any lifting of sanctions imposed over its nuclear programme. Oil Minister Bijan Zanganeh said Iran could increase oi

More…

Opec ‘must hit output target to meet demand’

Opec needs to pump more oil this year to reach its target of 30 million barrels per day and meet rising demand as China builds its reserves and stocks in industrialised countries remain low, the International Energy Agency said on Thursday.

More…

Libya's port deal no guarantee to steady oil output

Libya may have averted a state collapse by striking a deal with eastern rebels to reopen occupied oil ports, but technical delays and simmering federalist dissent threaten to disrupt production once again. On Sunday, Libya's f

More…

Saudi Arabia raises Dec oil output slightly

Saudi Arabia produced 9.819 million barrels per day (bpd) of crude oil in December, up from 9.745 million bpd in November, an industry source familiar with the matter said on Thursday. The world's largest oil exporter also rai

More…

Opec cuts output closer to 2014 demand

Opec has trimmed its crude oil output towards next year's global requirement, the exporter group said on Tuesday, further whittling away at a supply surplus that could weigh on prices. The monthly report from the Organization

More…

Saudi Nov output steady, pumps 9.745m bpd

Saudi Arabia produced 9.745 million barrels per day of crude oil in November, little changed from the previous month, when it pumped 9.75 million bpd, an industry source familiar with the matter said on Sunday. The kingdom supplie

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads