OPEC+ will increase crude oil production by 137,000 barrels per day starting October, with Saudi Arabia and Russia leading the output hike, as the group gradually unwinds previous voluntary cuts.
#YonhapInfomax #OPECPlus #CrudeOilProduction #SaudiArabia #Russia #OutputIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80545
OPEC+ to Raise Output by 137,000 Barrels per Day Starting October

OPEC+ will increase crude oil production by 137,000 barrels per day starting October, with Saudi Arabia and Russia leading the output hike, as the group gradually unwinds previous voluntary cuts.

Yonhap Infomax
SK Earthon discovers additional oil in Vietnamese block, boosting its position in Southeast Asian energy resource development with 2,500 barrels per day test production.
#YonhapInfomax #SKEarthon #OilDiscovery #VietnamBlock #EnergyResourceDevelopment #CrudeOilProduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62176
SK Earthon Discovers Additional Oil in Vietnamese Block with 25% Stake

SK Earthon discovers additional oil in Vietnamese block, boosting its position in Southeast Asian energy resource development with 2,500 barrels per day test production.

Yonhap Infomax
Yesterday, Oil markets closely monitored OPEC's monthly oil market report, which revealed a decrease in crude oil production by 350 thousand barrels in January compared to the previous month, dropping to 26 million 340 thousand barrels. Additionally, global oil demand is projected to rise by 2 million 240 thousand barrels compared to last year. Attention will now turn to the release of EIA crude oil stock data from the US. #OilMarkets #OPEC #CrudeOilProduction #GlobalOilDemand