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Commodities
S&P Global

Iraq isn't seeking exemptions from OPEC+ output cuts: report

Highlights Iraq has struggled to stick to OPEC+ quota It overproduced in October OPEC+ set to meet Nov. 30-Dec. 1 Dubai — Iraq isn’t seeking exemption from OPEC+ production cuts because it does not want crude prices to drop, Alsabaah newspaper reported Nov. 29, citing

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Commodities
World Oil

Libya’s comeback continues to surprise oil markets

By Salma El Wardany on 11/27/2020 (Bloomberg) –Libya’s oil industry, trampled by civil war and chaos, is roaring back. Crude output has surged to nearly 1.25 million barrels a day from almost a dead start in September, thanks to a tentative peace between rival military

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Commodities
Matthew V. Veazey

Natural Gas Helps to Shrink Energy Poverty Gap

According to the U.S. Energy Information Administration (EIA), Texas enjoys a comfortable lead among 33 energy-producing states in terms of its crude oil and natural gas output. EIA data also show the Lone Star State ranks highest among the 50 states and Washington, D.C., in

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Commodities
S&P Global

Nigeria asks OPEC to review repercussions of output strategy

Highlights President Buhari asks OPEC to understand peculiar challenges Growing dissent among OPEC members ahead of key meet Nigeria in recession as economy reels from COVID-19 pandemic London — Nigeria is the latest OPEC member to urge the producer group to consider the economic implications

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