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Page 11 - Opec Output

Iran finds new oilfield with 53 billion barrels of crude: Hassan Rouhani

The field covers 2,400 square kilometres (926 square miles) and is located in Iran's southwestern province of Khuzestan, Rouhani said in a speech aired on state TV

Iran finds new oilfield with 53 billion barrels of crude: Hassan Rouhani
Updated On : 10 Nov 2019 | 8:35 PM IST

Oil market outlook may have upside potential in 2020: OPEC chief

OPEC's Mohammad Barkindo said he was more optimistic about the market outlook for next year than he had been in October

Oil market outlook may have upside potential in 2020: OPEC chief
Updated On : 05 Nov 2019 | 8:53 PM IST

Saudi Aramco, an oil giant: Key facts about world's most profitable company

The state-owned firm is the world's largest oil producer, pumping 10% of the world's supply, and the most profitable company with its half-year net profit rising 12% to $46.9 billion.

Saudi Aramco, an oil giant: Key facts about world's most profitable company
Updated On : 04 Nov 2019 | 7:39 PM IST

Oil prices rise on expectations of more output cuts by Opec amid trade row

International benchmark Brent crude futures, were at $57.61 a barrel by 0009 GMT, up 23 cents, or 0.4%, from their previous settlement

Oil prices rise on expectations of more output cuts by Opec amid trade row
Updated On : 09 Aug 2019 | 7:53 AM IST

Deal to gradually boost Opec output 'inevitable', says Saudi Arabia

So far, Caracas & Tehran have been adamant that Opec doesn't need to boost production this year, and have warned against succumbing to pressure from Washington

Deal to gradually boost Opec output 'inevitable', says Saudi Arabia
Updated On : 15 Jun 2018 | 1:05 AM IST