Russian Oil Output Declines, Almost at Global Pact Target Russian oil production edged down to 11.00 million barrels per day (bpd) in April from 11.05 million...
Libya’s Oil Output Rebounds as Sharara, El Feel Fields Restarted Libya’s crude production rebounded to more than 700,000 barrels a day as the OPEC member’s biggest...
Oil Market Heading Towards Balance – OPEC OPEC Secretary-General Mohammad Barkindo said on Thursday that an overhang in global oil inventories was declining but stockpiles still...
Libya’s Biggest Oil Field to Reopen as Refinery Back On Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to...
Russia Reemerges as China’s Top Oil Supplier Before OPEC Meet Russia retook the top spot from Saudi Arabia in crude supplies to China last month as...
OPEC, Non-OPEC Production Cuts Will Restore Market Stability Oil-exporting cartel OPEC is optimistic that production cuts agreed with non-members to prop up prices will lead to...
Oil Prices Fall to 7-day Low on US Shale Output Surge Crude oil prices fell on Tuesday, hitting their lowest in 7 days as a United...
Saudi Oil Exports Drop to 2015 Low as Kingdom Sticks to Cuts Saudi Arabia, the world’s largest crude shipper, trimmed exports to a 21-month low in...
Crude Slips Below $53 as U.S. Drilling Surge Stokes Output Fears Oil declined below $53 a barrel as the U.S. continued to ramp-up drilling, stoking fears...
India Loses Spot as Nigeria’s Biggest Oil Buyer For the first time in at least two years, India’s monthly import of Nigerian crude oil has fallen...