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Saudi Aramco Reduces Heavy Crude Supply to Asia
11 Mar 2024 14:25 GMT
… met, but with reduced heavy crude volumes, the sources told … following the extension of the OPEC+ production cut agreement until … March.
Early this month, OPEC+ agreed to extend its production … additional supply from non-OPEC producers that could satisfy …
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Most Aramco buyers get full April volumes but heavy crude supply trimmed, sources say
11 Mar 2024 08:41 GMT
… the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, decided … more Arab Medium and Arab Heavy crude but its request wasn…
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Saudi Arabia plans to reduce Arab Heavy crude supply to Asia in April - sources
11 Mar 2024 05:14 GMT
… exporter, plans to reduce Arab Heavy crude supply to term customers in … the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, decided … immediately clear how much Arab Heavy crude supply will be reduced by …
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OPEC Production Cuts Send Marathon Petroleum's Profits Above Expectations
31 Jan 2024 02:08 GMT
… Tuesday—thanks in part to OPEC's production cuts. … thanks to production cuts by OPEC+ combined with healthy demand, … ,000 bpd. It refines heavy crude from California and crude from … , among other varieties.
Meanwhile, OPEC+ is continuing its 2023 production …
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Alphonso mango prices plummet as supply up 35%
16 Mar 2024 17:00 GMT
… get full April volumes but heavy crude supply trimmed
Saudi Aramco to … , reducing heavier oil supply post OPEC+ cuts. Indian buyer received full …
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Basra crude prices rise in tandem with global oil market
13 Mar 2024 09:03 GMT
… .
The price of the Basra heavy crude increased by $1.30 to … , to$78.03.
The Organization of the Petroleum Exporting Countries stuck to its forecast of … were limited on expectations that OPEC+ output cuts will still slow …
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Basra heavy crude declines despite global oil price increase
28 Nov 2023 07:16 GMT
… prices of Basra heavy crude oil dropped on Tuesday.
Basra heavy crude decreased by … before a crucial meeting of OPEC+.
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Venezuela’s heavy crude oil output increases are limited following U.S. sanctions relief
23 Oct 2023 15:08 GMT
… to take the kind of heavy crude oil Venezuela produces. PdVSA’s … the 10th-largest producer in OPEC despite its significant oil reserves …
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Exclusive: OPEC hears bearish message on oil from top swap dealer's presentation
22 Nov 2023 10:46 GMT
… Capital Group showed.
OPEC - the Organization of the Petroleum Exporting Countries - did not immediately … market expects supply of heavy crude, which several OPEC members produce, will likely … ahead of the ordinary ministerial OPEC conference to review market …
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20 Biggest Oil Producers in the World
06 Mar 2024 21:42 GMT
… together and created OPEC (Organization of the Petroleum Exporting Countries) at the Baghdad … even sooner. Currently, OPEC comprises 12 members, … Organization of the Petroleum Exporting Countries (OPEC). Oman’s oil reserves primarily consist of heavy crude …