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Page 12 - Oil Trade
Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin
The OPEC cartel and its oil-producer nation allies opted in December to trim daily crude output by 1.2 million barrels
 "Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin")
Updated On : 01 Jul 2019 | 8:00 AM IST
The 24-million barrel question: Where is all that missing US oil?
US showed a crude supply adjustment factor -- the difference between reported stockpiles and those implied by production, refinery demand, imports and exports -- of more than 800,000 barrels a day
 "The 24-million barrel question: Where is all that missing US oil?")
Updated On : 07 Jun 2019 | 12:07 PM IST
Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela
OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February
 "Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela")
Updated On : 21 Mar 2019 | 12:18 PM IST
Oil refiners' next boom is revealed in what they're not doing
The rush to refine during what's normally a fallow period for the industry is a response to the introduction in January in 2020 of rules to cut sulfur emissions from the shipping industry
 "Oil refiners' next boom is revealed in what they're not doing")
Updated On : 18 Mar 2019 | 1:13 PM IST
