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Oil production

Oil giants’ production cuts come to 1m bpd as they post massive write-downs

Oil giants’ production cuts come to 1m bpd as they post massive write-downs

  • Crude output worldwide dropped sharply after the market crashed in April
By Reuters ·
Iranian oil in perfect storm of storage shortage, low demand, sanctions

Iranian oil in perfect storm of storage shortage, low demand, sanctions

By Arab News ·
Special Saudi Arabia regains position as world’s top oil exporter

Saudi Arabia regains position as world’s top oil exporter

By Frank Kane ·
Rising oil prices haven’t hurt the US economy so far as economy grows at its fastest rate in nearly four years

Rising oil prices haven’t hurt the US economy so far as economy grows at its fastest rate in nearly four years

By AP ·
Petrofac said to sell Mexico oil fields, seeks upstream exit

Petrofac said to sell Mexico oil fields, seeks upstream exit

By Reuters ·
Saudi Arabia to keep crude oil exports under 7 million barrels a day in April to raise prices

Saudi Arabia to keep crude oil exports under 7 million barrels a day in April to raise prices

By Reuters ·
Oil pares gains as OPEC sees rapid growth in rival supply

Oil pares gains as OPEC sees rapid growth in rival supply

By Arab News ·
Iraq says $4bn needed for new downstream oil investments

Iraq says $4bn needed for new downstream oil investments

By Arab News ·
Iran plans to increase oil production capacity by 700,000 BPD within 4 years

Iran plans to increase oil production capacity by 700,000 BPD within 4 years

By Reuters ·
Libyan oil output hindered by budget cuts: NOC head

Libyan oil output hindered by budget cuts: NOC head

By Reuters ·

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