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oil production

Change in Iran’s position before OPEC meeting turned down the crude oil prices

The crude oil prices turned down on Thursday after Iran signaled that it could agree to a slight rise in oil production from OPEC,...
Libya oil production

Libya plans to double its oil production by 2023

Libya plans to double its oil production in five years to 2.1 million barrels per day, said the Chairman of the Chairman of the...
crude oil

World’s largest producers and exporters of crude oil

The Organization of Petroleum Exporting Countries (OPEC) and its partners are meeting on Friday and Saturday to discuss the commodity market and possible change...
oil inventories

Crude oil prices wiped out yesterday’s losses and returned to growth

The crude oil prices wiped out yesterday's losses during the Asian trading session, backed by the US inventories and a reduction in oil storage...
OPEC oil yields

Crude oil prices dropped amid expectations for increasing yield in OPEC+

Crude oil prices dropped on Tuesday amid expectations that the Organization of Petroleum Exporting Countries (OPEC) and its key ally Russia will gradually increase...
OPEC

OPEC discusses an increase in oil production by up to 600,000 barrels per day

The members of the Organization of Petroleum Exporting Countries (OPEC) are discussing a compromise option to increase oil production by between 300,000 and 600,000...
US oil price

The Chinese threat to impose duty on US oil has shrunk its price

The US oil prices went down after China threatened to impose duties on US imports in response to a trade dispute with Washington. The...
OPEC

The US fuels controversy in OPEC+ quota deal

Two of Asia's largest crude oil buyers consider uniting forces and starting to buy US production in an attempt to oppose OPEC's dominance in...
Trump OPEC

Donald Trump attacked OPEC again

The US President Donald Trump again accused the Organization of Petroleum Exporting Countries (OPEC) of generously raising oil prices. "Oil prices are too high,...
OPEC

The united front of OPEC starts to crack

New crack emerges in the Organization of Petroleum Exporting Countries (OPEC), which, together with its allies, succeeded to curb the output of oil last...

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