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UAE's April crude output below Opec quota - Zawya.com

Share The UAE slashed its oil production below Opec Opec 's quota in April to demonstrate the strongest commitment to agreed output cuts in the 12-nation group. Saudi Arabia, the world's dominant oil exporter, pumped close to its quota, while the ...

OPEC Oil Output Rises Slightly in June: Survey - CNBC

Supply from the 11 members of the Organization of the Petroleum Exporting Countries bound by output targets rose to 26.02 million barrels per day (bpd) from 25.91 million bpd in May, according to the survey of oil firms, OPEC officials and analysts ...

OPEC oil price hit by bad economic news from US, EU - Earthtimes

Vienna - The oil price of the Organization of the Petroleum Exporting Countries (OPEC) plunged by 2.22 dollars Thursday, the group said Friday, as the United States and the European Union reported rising jobless rates. The basket price for OPEC ...

OPEC Unlikely to Raise Output in September, Algeria, Qatar Say - Bloomberg

June 29 (Bloomberg) -- OPEC, the supplier of about 40 percent of the world?s oil, is unlikely to raise output at the group?s next meeting in September, oil ministers from Algeria and Qatar said. ?It would be very difficult to think of an ...

OPEC May Not Raise Output in September, Algeria Says (Update1) - Bloomberg

June 29 (Bloomberg) -- OPEC, the supplier of about 40 percent of the world?s oil, is unlikely to raise output at the group?s next meeting in September because the market is ?oversupplied,? Algeria?s oil minister said. ?It would be very ...

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