In the recent Organization of the Petroleum Exporting Countries report the OPEC oil production slightly inclined during August compared to July 2011; the report also predicts Libya will reach a production level of 1 million bbl/d within six months. OPEC’s…
Tag: OPEC crude oil production
Saudi Arabia raised quota by 0.5 million bbl/d -OPEC June report 2011
According to the recent Organization of the Petroleum Exporting Countries report the OPEC oil production inclined by nearly 0.5 million bbl/d during June compared to May 2011: OPEC’s crude oil production rose by 520 thousand bbl/d during June as it…
OPEC recent report shows no change in its oil production in May 2011
According to the recent Organization of the Petroleum Exporting Countries report the OPEC oil production remained unchanged in May compared to April 2011: OPEC’s crude oil production remained nearly unchanged in May as it reached 28,974 thousand bbl/d compared to…