OPEC+ ministers kept output policy unchanged due to the oil market aligning with the group’s preferences, production …
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barrels per day (bpd)
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FeatureIndustry & TradeTech/AI
S. Arabia oil production expansion halt due to transition – minister
by Aya Anwarby Aya AnwarSaudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters …
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FeatureIndustry & TradeMENA NewsMiningNewsTech/AI
Saudi Aramco requested to cut max capacity target back to 12 mbpd
by Aya Anwarby Aya AnwarSaudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity …
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Oil prices were up in early Wednesday trade. Brent crude rose by 0.43 per cent, or 0.34 …