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Sanctions Choke Iran's Crude Sales, But Oil Product Exports Booming
2019-09-02 14:22:08| OGI
While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
Tags: product
sales
oil
exports
US Oil Output Falls For Second Month In June: EIA
2019-09-01 15:04:00| OGI
U.S. crude oil output fell for a second straight month in June, dropping by 33,000 barrels per day (bbl/d) to 12.08 MMbbl/d, the U.S. Energy Information Administration (EIA) said in a monthly report released on Aug. 30.
An Alaskan Oil Renaissance?
2019-09-01 13:00:00| OGI
Increased North Slope drilling and production could further boost U.S. export volumes.
Tags: oil
renaissance
alaskan
US Oil Rig Count Falls By 12
2019-08-30 19:22:52| OGI
Drillers cut 12 oil rigs in the week to Aug. 30, bringing down the total count to 742, the lowest since early January 2018, Baker Hughes, a GE company, said in its weekly report.
US Oil Output Falls For Second Month In June:EIA
2019-08-30 19:04:38| OGI
U.S. crude oil output fell for a second straight month in June, dropping by 33,000 barrels per day (bbl/d) to 12.08 MMbbl/d, the U.S. Energy Information Administration (EIA) said in a monthly report released on Aug. 30.
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