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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

Nigerian production hit 30-year lows in May as militancy continued in the country’s oil rich Niger Delta. Barely 10 days after a 30-day ceasefire deal with the Nigerian government, militants claimed a round of fresh attacks in the Niger Delta at the start of July, marking a major setback after weeks of respite.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Between 2012 and 2016, Maersk had been working on field development, slated to have cost $1.5 With increased demand for crude oil and petroleum products still shown in all international assessments, the market will need to react. billion, to sustain output at current levels.

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