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Oil production

Oil giants’ production cuts come to 1m bpd as they post massive write-downs

Crude output worldwide dropped sharply after the market crashed in April

By Reuters · 10 August 2020

Iranian oil in perfect storm of storage shortage, low demand, sanctions

By Arab News · 07 July 2020

Saudi Arabia to cut oil production by additional 1 million bpd

By Frank Kane · 12 May 2020

Saudi Arabia calls ‘urgent’ meeting of oil producers

By Frank Kane · 03 April 2020

Rising oil prices haven’t hurt the US economy so far as economy grows at its fastest rate in nearly four years

By AP · 22 September 2018

Petrofac said to sell Mexico oil fields, seeks upstream exit

By Reuters · 11 May 2018

Saudi Arabia to keep crude oil exports under 7 million barrels a day in April to raise prices

By Reuters · 14 March 2018

Oil pares gains as OPEC sees rapid growth in rival supply

By Arab News · 14 March 2018

Iraq says $4bn needed for new downstream oil investments

By Arab News · 14 February 2018

Iran plans to increase oil production capacity by 700,000 BPD within 4 years

By Reuters · 08 February 2018

Libyan oil output hindered by budget cuts: NOC head

By Reuters · 30 January 2018

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