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Tag: venezuela
IEA: Rising US Oil Output Helps Fill Gap Left By Iran, Venezuela
2019-05-15 15:24:54| OGI
The IEA said higher output from producers outside OPEC, especially the United States in the second quarter, would keep the market well supplied.
OPEC Oil Output Hits Four-Year Low In April On Iran, Venezuela
2019-05-01 14:45:38| OGI
OPEC oil output hit a four-year low in April due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.
Iran Says US Pressures On Iran, Venezuela Making Oil Market Fragile
2019-04-14 17:19:51| OGI
Iran's oil minister said on April 14 that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and warned of consequences for increasing pressures on Tehran.
Tags: making
market
oil
venezuela
Venezuela oil Output Plummets To 870,000 bbl/d On Outages, Sanctions: IEA
2019-04-11 10:44:00| OGI
Global oil supply dropped in March as U.S. sanctions and power outages pushed Venezuela's crude output to a long-term low of 870,000 barrels per day (bbl/d), the International Energy Agency(IEA) said on April 11, even lower than OPEC reported the day before.
Tags: oil
output
venezuela
sanctions
OPEC: Venezuela Reports Collapse In Oil Supply, Tightening Global Market
2019-04-10 17:43:29| OGI
Countrys collapse has contributed to a 32% increase in crude oil prices this year.
Tags: market
global
reports
supply
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