Tag: Oil Output
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OPEC+ to Continue Negotiating Oil Output Cuts on Friday Amid Alleged Disagreements
The OPEC and non-OPEC group of countries will continue their talks on the future volume of production cuts on Friday as the United Arab...
OPEC+ Keeps Parameters of Oil Output Cut Deal Unchanged, Will Boost Production in July
OPEC+ decided to maintain the previous parameters of the deal and will continue to increase production in July, OPEC said in a statement.
"In view...
Kuwait says oil output in shared oil fields with Saudi Arabia to hit 550,000 bpd by 2020 end
Oil production at the Khafji and Wafra oil fields in the Neutral Zone between Kuwait and Saudi Arabia will be restored to 550,000 barrels...
Venezuela meets 70 pct of OPEC-agreed cutback target in oil output
Venezuela has fulfilled 70 percent of its target goal to cut back crude output by 1.8 million barrels per day (BPD), Oil Minister Nelson...
Kuwait aims at raising oil output by nearly one-third by 2020
The discovery of four new oil fields has drawn fresh attention to Kuwait's long list of expansion projects, as the country aims to raise...
