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Tag: record production
OPEC+ Set to Ease Record Oil Production Cuts from August
2020-07-15 15:00:00| OGI
OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.
Tags: set
august
record
production
Petrobras: Buzios Oil Field Sets Daily Production Record in June
2020-06-30 15:13:53| OGI
Brazils Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the world, achieved record production levels June 27, totaling 664,000 bbl/d and 822,000 boe/d.
Saudi Arabia To Keep Oil Production At Record Rate For Coming Months
2020-03-18 18:35:50| OGI
Saudi Arabia said it will boost its crude supply in April to a record rate and its oil exports are also set to hit a new high in May.
Tags: rate
months
record
production
Petrobras Hits New Production Record Amid Presalt Boom
2020-02-11 15:16:05| OGI
In a securities filing, the company said it produced 3.025 MMboe/d, up 5.1% from the third quarter and 13.7% from fourth-quarter 2019.
Tags: record
production
hits
boom
Uncertainty, fear, record large production equals lower hog prices
2020-02-03 17:24:00| National Hog Farmer
The rally's extent could be surprising but given the level of production, there's no reason to expect anything close to last year's highs.
Tags: large
record
prices
lower
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