Post Tagged with: "June"

Oil prices near $75 as Russia extends output cut through June

Oil prices near $75 as Russia extends output cut through June

Oil Price


Russia will continue its 500,000 barrel per day crude oil production cut through the end of June this year, Russia’s Deputy Prime Minister Alexander Novak said on Tuesday.

 

 

Russia first announced the 500,000 bpd production cut …

Source: Reuters

Saudi Arabia’s oil export earnings hit a 6-year high in June

World Oil


(Bloomberg) — Saudi Arabia’s oil exports reached $31 billion in June, the highest in at least six years, driven by a rally in prices and rising production.

 

Monthly crude exports topped more than $1 billion a day …