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OPEC” agree on an increase in oil production

“Media In – Agencies 22 June 2018 The Organization of the Petroleum Exporting Countries (OPEC) has agreed to a modest increase in oil production from July. The Organization of the Petroleum Exporting Countries said in a statement that it “will return to full compliance with agreed oil production reductions, while …

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Oil prices rise by about 1%

Media In – Singapore June 22, 2018 SPA Oil prices rose about 1% on Friday amid uncertainty over whether the Organization of the Petroleum Exporting Countries (OPEC) will be able to agree to increase production at a meeting in Vienna. Brent crude futures rose 73 cents, or 1 percent, in …

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31.8 million barrels of OPEC production in May

Media in Abu Dhabi 21 June 2018 / WAM / The average daily production of members of the Organization of Petroleum Exporting Countries “OPEC” 31.869 million barrels during the month of May, an increase of about 35 thousand barrels compared to 31.834 million barrels in April, according to preliminary statistics …

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