The United States is producing oil at record levels – 10.88 million barrels per day – and the country will end this year as the
Tag: oil production
Market Update: Iraq Boosts Oil Production to Record Levels
il exports from southern Iraq are about to hit another record high this month, two industry experts said. Iraqi Oil Minister Jabar al-Luaibi said over
Oil Market Update: Saudi Arabia and Allies Ready to Extend Supply Cuts
Saudi Arabian Crown Prince Mohammed bin Salman announced that his country would limit the current oil production beyond a deal among both OPEC and non-OPEC
Iraq and Brazil to Revise Oil Production Targets Downward
Analysts expect that Brazil and Iraq will have to make major downward revisions to their oil production targets, which could in the end lead to
U.S. Oil Production Predicted to Fall by End of 2015
U.S. oil production is expected to start slowing down by the end of this year if the global prices remain weak since new drilling is