Thursday 24 July 2014

Opec crude output down 60,000 bpd in Aug

The crude oil production from the Organization of the Petroleum Exporting Countries (Opec) hit 30.28 million barrels per day (bpd) in August, down 60,000 bpd compared to July mainly due to a Libyan production plunge, said a Platts survey.


Low Saudi, Nigeria volumes hit Opec output

The crude oil output from Organization of the Petroleum Exporting Countries (Opec) fell by 130,000 barrels per day (b/d) to 30 million b/d in September mainly due to lower volumes from Saudi and sabotage-hit Nigeria, according to a new survey.


Opec pumped 29.5m bpd in June

The Organization of the Petroleum Exporting Countries' (Opec) has pumped an average 29.57 million barrels per day (bpd) of crude oil in June, thus posting an increase of 530,000 bpd, according to a survey by Platts. The


Opec crude output jumps to 29.8m bpd in Feb

Opec’s crude oil production output jumped to an average 29.8 million barrels per day (bpd) in February, as Saudi Arabia continued to boost production, said a report. This is up 230,000 bpd from an estimated 29.57 million bpd in January, ac


DMCC, Platts to host steel talks

The Dubai Multi Commodities Centre Authority (DMCC) and Platts, a leading global provider of energy and commodities information, are hosting the inaugural Steel & Iron Markets Breakfast Briefing in Dubai next week. The event will be he


Emerging markets ‘key to world oil prices’

Solid demand growth in China, India and emerging Asian economies, including the Middle East, is the key factor that will shape world oil markets and prices in 2010, experts said. The top industry professionals were speaking at the Oil &

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