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Barrels

Barrels latest

Oil prices slip on US, China data, demand concerns
July 10th, 2023 - 08:58 GMT

Oil prices slip on US, China data, demand concerns

ALBAWABA – Oil prices slipped only slightly in Asian trade Monday in anticipation of fresh economic data from top oil consumers, the United States (US) and China, with supply cuts from Saudi Arabia and Russia bolstering crude prices. Brent crude futures fell 0.7 percent to $77.92 a barrel by 0630 GMT, according to Reuters, and US West Texas Intermediate crude settled at $73.31 a barrel, also down 0.7 percent. The ...
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Oman’s Crude Production Exceeds 30 Million barrels in Oct 2019
November 17th, 2019 - 10:00 GMT

Oman’s Crude Production Exceeds 30 Million barrels in Oct 2019

UAE Ranks Sixth Globally in Oil, Gas Reserves
November 5th, 2019 - 07:00 GMT

UAE Ranks Sixth Globally in Oil, Gas Reserves

UAE Is Over 100 Percent Committed to OPEC+ Agreement
November 4th, 2019 - 07:00 GMT

UAE Is Over 100 Percent Committed to OPEC+ Agreement

OPEC+, have pledged to cut production by 1.2 million barrels per day (bpd) until March 2020
October 16th, 2019 - 11:00 GMT

OPEC, Allies to Maintain Oil Market Stability Beyond 2020

The crude oil prices have jumped during September 2019 futures settlement compared with August 2019
October 14th, 2019 - 09:30 GMT

Oman’s Crude Production Exceeds 29 Million Barrels in Sep 2019

Saudi Arabia has managed to maintain supplies to customers at levels before the attacks
October 5th, 2019 - 06:00 GMT

Saudi Arabia Restores Oil Output After Attacks

Saudi Arabia's oil production was down by 5.7 million barrels per day (mbpd) due to drone attacks
September 25th, 2019 - 08:30 GMT

Oil Prices Down As Saudi Arabia Is Expected to Restore Full Production by Next Week

The kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The oil output to international markets is back to what it was before the attack
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

Major buyers of Saudi crude in the region are unlikely to press the panic button just yet
September 16th, 2019 - 06:30 GMT

Oil Projected to Hit $80 per Barrel After the Attack on Saudi Arabia

Aramco’s industrial security teams have controlled the blazes and their spread in Aramco’s two facilities were limited
September 15th, 2019 - 10:00 GMT

Aramco Cuts Output by 5.7 Million bpd Due to Attack

Saudi Arabia and Russia called on all producers to comply with oil output cuts under an OPEC-led supply deal.
September 14th, 2019 - 01:00 GMT

Saudi Arabia Continues Its Commitment to OPEC+ Oil Cuts

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