Search For "barrels"
OPEC predicts this year's global oil demand will make up 65% of loss in 20
Updated : 4 years, 7 months ago IST
Washington [US], October 15 (ANI/Sputnik): Global oil demand is expected to make a significant recovery, reaching 96.7 million barrels per day (mb/d) and recovering 65% of demand lost in 2020, OPEC Secretary-General Mohammad Sanusi Barkindo said on Thursday.
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Chinese tale of enslaving South Sudan of its influence and leading to econ
Updated : 4 years, 7 months ago IST
Beijing [China], October 5 (ANI): China National Petroleum Corporation has been eyeing South Sudan's oil reserves with 3.5 billion barrels a day since 2011, however, the country lacked a proper structure that could help enhance its economic portfolio, according to report.
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1 mln barrels of Guyanese Liza crude loaded for Indian Oil Corporation
Updated : 4 years, 10 months ago IST
New Delhi [India], July 5 (ANI): In a concrete step in India-Guyana economic relations, the first one million barrels of Guyanese Liza crude for Indian Oil Corporation Ltd. (IOCL) has been loaded from FPSO Liza Destiny, informed the High Commission of India in Guyana on Sunday.
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Platts Analytics forecasts global oil supply growth of 3 million b/d
Updated : 4 years, 11 months ago IST
New Delhi [India], June 15 (ANI): Platts Analytics has forecast global oil supply growth of 3 million barrels per day this year and 5.5 million b/d in 2022.
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ISL 7: ATK Mohun Bagan and Mumbai City load barrels in two-horse race for
Updated : 5 years, 3 months ago IST
Panaji (Goa) [India], February 15 (ANI): It is not often that a league's conclusion is perfectly set up with a match that is a virtual final, a straight shootout to determine who goes home with the coveted ISL League Winners Shield.
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OPEC+ agrees to increase output by 500,000 barrels a day in January
Updated : 5 years, 5 months ago IST
Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase oil production by 500,000 barrels per day (bpd) in January 2021.
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Libyan daily oil production tops 1 million barrels
Updated : 5 years, 6 months ago IST
Tripoli [Libya], November 8 (ANI/Xinhua): The state-owned National Oil Corporation (NOC) of the UN-backed Libyan government said Saturday that the country's daily oil production has exceeded 1 million barrels.
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US looking to store several hundred million barrels of oil in strategic re
Updated : 6 years ago IST
Washington [US], April 30 (Sputnik/ANI): US Treasury Secretary Steven Mnuchin said during remarks at White House that the United States is looking into storing an additional several hundred million barrels of oil in the nation's Strategic Petroleum Reserve.
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Will add 75 million barrels to nation's strategic petroleum reserve, says
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], April 21 (ANI): United States President Donald Trump on Monday said that he is planning to add as much as 75 million barrels of oil to the nation's strategic petroleum reserve as the oil prices crashed due to the coronavirus pandemic.
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OPEC+ oil producers agree on deal to cut output by 9.7m barrels
Updated : 6 years, 1 month ago IST
Dubai [UAE], April 13 (ANI): Big oil producers led by Saudi Arabia and Russia agreed on Sunday to cut output by 9.7 million barrels a day as energy markets grapple with the fallout from the coronavirus pandemic.
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OPEC, Russia reach agreement to cut oil production: Report
Updated : 6 years, 1 month ago IST
Riyadh [Saudi Arabia], April 10 (ANI): The Organisation of Petroleum Exporting Countries (OPEC) and Russia reached a tentative agreement on Thursday to cut oil production by 10 million barrels a day for May and June, reported CNN citing a senior OPEC source.
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Local oil refineries in Pakistan close as demand slumps during COVID-19 lo
Updated : 6 years, 1 month ago IST
Islamabad [Pakistan], April 1 (ANI): Attock Refinery Limited has closed down its largest plant, which is capable of refining a minimum of 26,000 barrels of crude oil per day (bpd), over the lack of demand in the country.
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