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OPEC Oil Output Rises for Third Month on Libya Restart, Iran

2020-10-01 11:20:00| OGI

An increase in OPEC supply since August and concerns of a new demand hit as coronavirus cases rise have weighed on oil prices, which have fallen 10% in September to near $40/bbl.

Tags: month oil output iran

 

Equinor Maintains Oil Output, But More Workers Could Strike

2020-09-30 15:26:26| OGI

The field has an output capacity of 470,000 barrels per day (bbl/d), which is close to a quarter of Norways oil output.

Tags: oil output workers strike

 
 

Cambodia garment recovery key to boosting industrial output

2020-09-28 14:27:00| Daily apparel & textile news and comment - from just-style.com

Cambodia's total industrial output is estimated to rise by 5.1% in 2020 if garment and footwear exports continue to recover, new figures from the Asian Development Bank suggest, as it revises its economic projection for the southeast Asian country.

Tags: key industrial output recovery

 

US Shale Oil Output Forecast to Drop To 7.64 Million Barrels Per Day in October

2020-09-14 21:45:38| OGI

Output at every formation is expected to fall in October, except the Permian Basin of Texas and New Mexico.

Tags: day october million oil

 

US GoM Oil Output Down Nearly 20% in Hurricane Lauras Aftermath

2020-09-02 20:36:33| OGI

Shut-ins from hurricanes Laura and Marco have removed 13.8 million barrels of oil from the market since Aug. 22, according to a Reuters tally of government data.

Tags: oil output hurricane aftermath

 

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