International2 hours agoEgypt announces new crude oil well production in Gulf of Suez raising total output to 65,000 barrels dailyAl-Wasl-4 well at the North Safa is producing 2,250 barrels of oil and 1.3 million cubic feet of gas daily…
International12 months agoFire Shuts In 300,000 Bpd of Oil Production at Iraq’s Giant OilfieldRumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil…
International1 year agoCrude oil futures rise as OPEC delays production output increaseIncrease in tensions in West Asia also boosted the price of the commodity. The latest developments in West Asia have…