Tag: OPEC crude oil production

OPEC’s Oil Production Remain Flat May 2012

According to the latest June report by the Organization of the Petroleum Exporting Countries vis-à-vis the recent changes in the oil market, the OPEC oil production remained nearly unchanged during May compared with April’s oil production levels. OPEC’s crude oil…

OPEC’s Oil Production Slightly Rose in April 2012

According to the latest May report by the Organization of the Petroleum Exporting Countries regarding the recent developments in the oil market, the OPEC oil production slightly increased again during April compared with March’s oil production levels. This rise was…

Will Saudi Arabia Bring Crude Oil Prices Down?

There are reports that Saudi Arabia will raise its oil production in case the situation between Iran and the West will further escalate. Will Saudi Arabia come through on this promise? And more importantly, will it keep the crude oil…

OPEC’s Oil Production Slightly Rose in February 2012

According to the recent March report of the Organization of the Petroleum Exporting Countries regarding the oil market, the OPEC oil production slightly increased during February 2012 compared with January oil production levels. OPEC’s crude oil production reached 30,968 thousand…