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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.

Tags: december month led oil

 

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.

Tags: month oil output iran

 
 

Oil Prices Rise As Libya Declares Force Majeure On Oil Fields

2020-01-20 16:05:26| OGI

Two major oil fields in southwest Libya began shutting down on Jan. 19 after forces loyal to Khalifa Haftar closed a pipeline, potentially cutting national output to a fraction of its normal level.

Tags: prices force fields oil

 

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