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Iraq Oil Output Falls to 4 Million BPD in March After OPEC Cuts
Thursday, March 30, 2017 Iraq's oil production has averaged 4.464 million bpd in March, a reduction of more than 300,000 bpd on levels before OPEC cuts were implemented from Jan. 1, state-oil marketer SOMO says.
Funds Expect Saudi Aramco To Be Valued Around $1-1.5 Trillion
Monday, March 06, 2017 Fund managers and institutional investors expect oil giant Saudi Aramco to have a market capitalisation of $1 trillion to $1.5 trillion when it sells shares to the public next year.
OPEC Sec-Gen: All Participating Countries Committed to Oil Output Deal
Monday, February 27, 2017 OPEC-led oil production cuts have been well supported by all participating countries despite some teething troubles for non-OPEC members, the cartel's secretary-general, Mohammed Barkindo, says.
Saudis See No Need to Extend OPEC Deal Beyond Six Months
Monday, January 16, 2017 OPEC probably won't need to extend a deal it reached with other crude producers to cut output, says Saudi Energy Minister Khalid Al-Falih.