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Saudi crude exports fall for second straight month in January
18 Mar 2024 12:52 GMT
… other members of the Organization of the Petroleum Exporting Countries (OPEC) to JODI, which … ,000 bpd in January.
OPEC and its allies, known … remains far less bullish than OPEC.
Earlier this month, … price of its flagship Arab Light crude to Asia for April, …
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Oil Prices Jump To Four-Month High, Surpass 200-Day Average: 'Momentum Indicators Remain Bullish,' Analyst Says
18 Mar 2024 21:44 GMT
… trajectory, with spot contracts for light crude West Texas Intermediate (WTI) surging … improving supply and demand outlook. OPEC+ has extended voluntary production cuts …
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Saudi Arabia modifies oil prices amid extension of OPEC+ output cuts
06 Mar 2024 12:51 GMT
… of production cuts by the OPEC+ alliance until mid-year, the … price of its main Arab Light crude oil for the Asian market … supplies from producers outside the OPEC+ coalition could potentially meet most …
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Saudis lift oil price to Asia after Opec+ extends output cuts
06 Mar 2024 03:32 GMT
… Asia next month after the Opec+ group agreed to extend … Aramco increased its flagship Arab Light crude for Asia at a … refiners and traders last week.
Opec+ is extending curbs on … Organization of Petroleum Exporting Countries (Opec), Saudi Arabia is leading …
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Saudi Arabia keeps Arab Light crude price to Asia unchanged in surprise move
06 Feb 2024 04:09 GMT
… price of its flagship Arab Light crude to Asia unchanged at a … showed on Tuesday, as the OPEC leader strives to maintain its …
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Saudi Arabia slashes Arab Light crude prices to 27-month low
07 Jan 2024 19:53 GMT
… price of its flagship Arab Light crude for Asian customers.
The move … barrels per day by the OPEC+ group of oil producers, doubts …
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Nigeria remains highest African oil-producing nation as output hits 1.4m bpd – OPEC
18 Jan 2024 14:07 GMT
… Organisation of Petroleum Exporting Countries, OPEC, disclosed this in its Monthly … only 55,000 bpd.
However, OPEC noted that Africa’s most … 400,000 bpd condensate, a light crude that attracts high prices like …
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Oil prices dip over 1% due to Saudi cuts and increased Opec production
08 Jan 2024 10:33 GMT
… with an increase in the Organization of the Petroleum Exporting Countries (OPEC) production. These factors … OSP) of its principal Arab Light crude to Asia on Sunday, marking … include higher inventories, increased OPEC/non-OPEC production, and a …
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Oil slips as higher OPEC supply, Saudi price cuts offset Mideast worries
08 Jan 2024 01:12 GMT
… geopolitical concerns, output from the Organization of the Petroleum Exporting Countries (OPEC) rose 70,000 barrels … (OSP) of its flagship Arab Light crude to Asia to the lowest … including, higher inventories, higher OPEC/non-OPEC production, and a lower …
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EIA predicts crude oil price will remain flat in 2024–25, cites OPEC cuts
10 Jan 2024 18:46 GMT
… rise is attributed to the OPEC+ production cuts, resulting in … voluntary cuts. In 2024, OPEC+ is expected to produce below … Arabia lowered its flagship Arab Light crude’s February official selling … .
The EIA also forecasts OPEC+ crude oil production to …