Media ID: 55359935
Caption:
Media ID: 55359724
Caption:
Media ID: 55359561
Caption:
Media ID: 55359486
Caption:
Media ID: 55359408
Caption:
Caption:
An oil tank is seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji
Caption:
A Whiting Petroleum Co. pump jack pulls crude oil from the Bakken region of the Northern Plains near Bainville, Mont. on Nov. 6, 2013. AP
Brent Exceeds $52 and OPEC Aims for Shale
Cairo–Following OPEC’s historic agreement at the Algiers meeting to cut down production, oil demand was on the rise, reaching $52 per barrel. U.S. Energy Information Administration (EIA) said U.S. crude stockpiles fell last week despite slow refinery activity...Caption:
A view shows the Arabian Gulf Oil Company’s (AGOCO) headquarters in Benghazi, Libya September 29, 2016. REUTERS/Esam Omran Al-Fetori
Libyan Oil Firm AGOCO’s Productivity Rises to 320,000 Bpd
Libya’s Arabian Gulf Oil Company (AGOCO) said on Monday that its production had risen to 320,000 barrels per day (bpd). The rise is 100,000 bpd rise is added to about 290,000 bpd from last week’s rates. The boost is helping push the country’s production...Caption:
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field, as the sun sets, outside the West Siberian city of Kogalym, Russia, in this January 25, 2016 file photo. REUTERS/Sergei Karpukhin/Files
U.S. Crude Tops Brent in September
London-Brent crude settled up 4 percent for September and U.S. West Texas Intermediate (WTI) crude rose 8 percent, helped by an OPEC announcement in Algeria that it aimed to remove some 700,000 barrels per day (bpd) from the market. A survey found that OPEC output...Caption:
A worker checks the valve of an oil pipe at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei Karpukhin