OPEC oil production rose by about 217,000 barrels per day during the past month, and most of the increase came from Saudi Arabia, Venezuela, the United Arab Emirates and Kuwait, according to the quotas agreed upon within the OPEC +…
Continue ReadingOil prices turned higher, during trading today, Thursday, with Brent crude exceeding the level of $ 83, with the release of the monthly OPEC report. Crude prices fell earlier in trading, on fears that accelerating inflation in the United States…
Continue ReadingOil prices extended their gains to about 2.5% during trading on Friday, with US crude rising above $80 a barrel. The rise came after the OPEC + alliance rejected a US call to increase supplies, and maintained plans for a…
Continue ReadingOil prices extended their gains to more than 2%, during trading today, Thursday, with the expectation of the OPEC + alliance’s decision on production policy. Investors expect the major producers in the OPEC + alliance to stick to the policy…
Continue ReadingRussia's production of oil and gas condensate rose to 10.84 million barrels per day last October, the highest in 18 months, compared to 10.72 million barrels per day in September. Total oil and condensate production reached 45.86 million tons last…
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