Kuwait, OPEC’s fifth-biggest producer, said it has reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz.
Jan 20 (Reuters) - United Arab Emirates renewable energy company Masdar, state oil firm Abu Dhabi National Oil Company (ADNOC) [RIC:RIC:ADNOC.UL] and oil major BP BP.L agreed to conduct a joint ...
OPEC+ is currently pumping 2.6 million barrels per day below its target. Since OPEC+ started reversing last year the record cuts from April 2020, the group has been consistently struggling to meet its ...