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Page 2 - Global Oil Output

OPEC+ resumes debate after talks stumble over February oil output

An internal OPEC document, suggested a 0.5 million bpd cut in February as part of several scenarios considered for 2021

OPEC+ resumes debate after talks stumble over February oil output
Updated On : 05 Jan 2021 | 6:02 PM IST

Brent oil futures plunge again as growing glut feeds market panic

Monday and Tuesday have been two of the most turbulent days in the history of oil trading, as investors confronted the reality that worldwide supply will overwhelm demand for months or years

Brent oil futures plunge again as growing glut feeds market panic
Updated On : 22 Apr 2020 | 3:18 AM IST

Oil bounces back on lower output hopes as coronavirus ravages demand

Brent crude was up 69 cents, or 2.5%, at $28.38 a barrel by 0102 GMT. US West Texas Intermediate (WTI) was up 56 cents, or 2.8%, at $20.43

Oil bounces back on lower output hopes as coronavirus ravages demand
Updated On : 16 Apr 2020 | 11:00 AM IST

Oil markets adequately supplied, production soared over last 6 months: IEA

The energy watchdog, however, said that the oil industry is coming under strain as it copes with increasing global demand

Oil markets adequately supplied, production soared over last 6 months: IEA
Updated On : 12 Oct 2018 | 2:36 PM IST