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Tag: opec
OPEC Delivers Three-quarters of Record Oil Cut in May
2020-05-29 15:51:54| OGI
On average, the 13-member OPEC pumped 24.77 million barrels per day (MMbbl/d) this month, the survey found, down 5.91 MMbbl/d from Aprils revised figure.
OPEC Chief Says Oil Market Responding Well to Record OPEC+ Cut
2020-05-21 14:44:57| OGI
OPEC, Russia and other allies, a group known as OPEC+, are cutting supply by a record 9.7 million barrels per day (MMbbl/d) from May 1 to offset a slump in prices and demand caused by the coronavirus outbreak.
Sources: Russian Oil Output Dips Toward OPEC+ Quota Limit
2020-05-20 16:15:13| OGI
Energy Ministry ordered companies to cut production by 20%.
Tags: sources
limit
oil
russian
From OGI Editor-in-Chief: Will OPEC+ Cuts Matter?
2020-04-28 17:30:00| OGI
Following a brief but ill-timed market share war that pushed millions of barrels of oil into a glutted world, Saudi Arabia and Russia are now trying to put that genie back into the bottle. But will it matter?
Tags: matter
cuts
opec
editorinchief
OPEC Oil Supply Surges Ahead of New Cut
2020-04-28 15:48:59| OGI
The increase over March output is more than 2 MMbbl/d, says Petro-Logistics.
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