Post Tagged with: "September"

Source: Reuters

Saudi Arabia may raise Sept crude prices for a third month

Nasdaq


SINGAPORE – Saudi Arabia, the world’s biggest oil exporter, may raise its price for Arab Light crude for sale to Asian refiners for a third month as its voluntary output cuts may be extended, further tightening the supply of …

Source: Oil Price

World oil demand topped pre-Covid levels in September

World Oil


Oil demand worldwide rose in September to exceed the September 2019 pre-Covid levels by nearly 1 million barrels per day (bpd), new data from the Joint Organizations Data Initiative (JODI) showed on Thursday.

Global oil demand rose seasonally …

Source: Oil Price

OPEC raised oil production in September but remained below target

Oil Price


OPEC raised its crude oil production by 146,000 barrels per day (bpd) in September compared to August, but the ten OPEC members in the OPEC+ pact still had their total output well below the target level under the …

Source Reuters

Saudi Arabia’s crude oil exports hit eight-month high in September

Reuters


Nov 18 – Saudi Arabia’s crude oil exports in September rose for a fifth month in a row to their highest since January, the Joint Organisation Data Initiative (JODI) said on Thursday.

The kingdom’s crude oil exports rose to …

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

From Reuters


U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report …