Oil production from North American shale fields will outpace every member of OPEC except Saudi Arabia within two years, according to ExxonMobil Corp., the
(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at
Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with
(Dow Jones) OPEC Tuesday disclosed that its members continue to pump oil at levels not seen since 2008 as the most recent production figures show the
![Tanker Market Update – OPEC Production Boosts VLCC Rates [VIDEO]](https://gcaptain.com/wp-content/uploads/2012/06/Picture-52.jpg)
The latest update from Teekay’s Market Analyst Christian Waldegrave on the global marine tanker markets, including a look at how OPEC oil production
LONDON (Dow Jones)–OPEC producers, including from the Gulf, said Friday they saw no immediate need to cut production despite oil prices dropping below
ADELAIDE, Australia (Dow Jones)–Saudi Arabia would like the price of benchmark Brent crude oil to fall to US$100 a barrel, and expects global crude
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