September 12, 2023

OPEC Oil production rises, led by 3 countries, including Iraq

OPEC oil production rose last August by 113 thousand barrels per day, led by Iraq, Iran and Nigeria, despite the continuation of voluntary cuts and the policy of the OPEC+ alliance to reduce supplies.

The monthly report issued by the Organization of…

Oil Prices Stabilized In Monday Trading

Oil prices recorded stability in trading, on Monday, above the level of $90 per barrel, which it reached last week for the first time in ten months after Saudi Arabia and Russia announced new cuts in their production.

Brent crude rose 19 cents, or 0…