Wednesday, September 10, 2025
OPEC

OPEC Production Slips 265 MBOPD Ahead of December Meeting

Production from OPEC’s two largest producers falls slightly ahead of next meeting OPEC’s monthly Oil Market Report (OMR) released today showed the group’s production was down slightly to 31.38 million barrels of oil per day (MMBOPD), 256,000 barrels per day lower than in its previous OMR. The group is still producing in excess of its self-imposed 30 MMBOPD production mark

Cuomo Vetoes Natural Gas Port Off Sandy Hook

From The Record New York Gov. Andrew Cuomo has decided to veto a controversial project to build a liquefied natural gas port off the New Jersey coast. Cuomo sent a letter to the U.S. Maritime Administration outlining his lingering concerns with the proposed facility, called Port Ambrose. The project, which had faced vocal opposition from environmental groups in both New