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US Oil Output Rises Driven by Gains in Texas, Gulf of Mexico

2021-09-30 22:35:00| OGI

Crude output was lifted by production gains in Texas and offshore in the Gulf of Mexico. Production in the second-largest oil-producing state, North Dakota, fell 9,000 bbl/d from a month earlier, according to an EIA report.

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OPEC August Oil Output Rises But Outages Limit Gain, Survey Shows

2021-08-31 16:08:59| OGI

OPEC+ has been easing record output cuts agreed in April 2020 as demand recovers.

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OPEC Oil Output Rises in June, Survey Shows

2021-07-01 11:10:00| OGI

Iran has exported more than 600,000 bbl/d in June, the survey found, up from Mays rate. The country is exempt from OPEC supply curbs.

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OPEC December Oil Output Rises for Sixth Month Led by Libya

2021-01-06 18:45:00| OGI

The 13-member OPEC group pumped 25.59 million bbl/d  of oil in December, the survey found, up 280,000 bbl/d from November and a further increase from a three-decade low reached in June.

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OPEC Oil Output Rises for Third Month on Libya Restart, Iran

2020-10-01 11:20:00| OGI

An increase in OPEC supply since August and concerns of a new demand hit as coronavirus cases rise have weighed on oil prices, which have fallen 10% in September to near $40/bbl.

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