Oil markets are currently reacting to potential Russia-Ukraine ceasefire, increased OPEC+ output, and US threats of tariffs ...
Despite new US sanctions imposed in January, Russian oil exports have remained largely unaffected and continued almost as ...
The possibility of a Russia-Ukraine ceasefire, the move by OPEC+ to boost output ... expectations of a decline in supplies from Iran, Libya and Venezuela, the disruption in exports from Kazakhstan ...
Libya is exempt from OPEC+ agreements to limit output. Society & Equitycategory Trump to hit Venezuelan oil buyers with tariff, extends Chevron's wind down 9:04 PM UTC · Updated ago category Oil ...
Notably, Libya is exempt from the OPEC+ agreements to limit output. Libyan Prime Minister Abdul-Hamed Dbeibah said: "This is a clear message that Libya has returned to being a main front for oil ...
The country's current crude production has reached over 1.4 million bpd, about 200,000 bpd short of its pre-civil war high, according to NOC. Libya is exempt from OPEC+ agreements to limit output.
Libya has resumed production at the Mabruk oilfield ... onshore of just $10/b but has pumped the brakes on drilling due to OPEC+ production quotas. Kuwait expects the capacity additions to come ...
which would put crude-only output in the country some 350,000 b/d above its OPEC+ quota of 1.468 million b/d. Libya Prepares First Upstream Auction Since 2007. Masoud Suleman, the acting chairman ...
The bank cited two main changes in the oil markets.
This follows news that OPEC+ is sticking with plans to gradually ... Fairly sizable increases were also seen in Libya, Venezuela and the UAE. Along with supply dynamics, there are growing concerns ...
OPEC+ is sticking with plans to gradually increase ... Fairly sizable increases were also seen in Libya, Venezuela and the UAE." "Along with supply dynamics, there are growing concerns about ...