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Category opec

Russia’s crude exports fall to 3.25 million barrels a day as sanctions bite

Russia’s crude exports fall to 3.25 million barrels a day as sanctions bite

Russia’s crude exports are falling fast, with only 3.25 million barrels per day moved out in the four weeks ending November 23, which is down by 11...
Russia raised oil output in September to 9.368 million barrels per day but still missed its OPEC+ target by 47,000 barrels

Russia raised oil output in September to 9.368 million barrels per day but still missed its OPEC+ target by 47,000 barrels

Russia turned the taps up in September, pumping out 9.368 million barrels of crude per day, Bloomberg reported, but still didn’t meet its OPEC+ quo...
OPEC+ will boost November oil output by 137,000 bpd, matching October’s hike

OPEC+ will boost November oil output by 137,000 bpd, matching October’s hike

OPEC+ confirmed on Sunday it will raise oil output by 137,000 barrels per day in November, sticking to the same modest monthly increase as October ...
OPEC+ plans to raise oil production by 137,000 barrels per day in November

OPEC+ plans to raise oil production by 137,000 barrels per day in November

OPEC+ is expected to approve another production increase of 137,000 barrels per day at its meeting next Sunday, according to a report from Reuters ...
Oil producers take yearly $500B for zero production growth amid Russian disruptions

Oil producers take yearly $500B for zero production growth amid Russian disruptions

The global oil industry is bleeding money just to stand still. According to reporting from the International Energy Agency on Tuesday, oil producer...