Oil output by the big three Gulf producers saw a net increase of around 400,000 barrels per day (bpd) in August from July as a sharp rise in Kuwaiti output outweighed cuts by Saudi Arabia and the United Arab Emirates (UAE), industry sources said.
September 9, 2012 5:22
Kuwait produced around 3 million barrels a day (bpd) of crude oil in August, up around 600,000 bpd from July, a Kuwaiti industry source said on Sunday.
September 9, 2012 5:17
The United Arab Emirates produced 2.7 million barrels per day (bpd) of oil in August, down around 100,000 bpd from the previous month, an industry source familiar with the matter told Reuters on Thursday.
September 6, 2012 5:41
IEA head says market has adjusted to lower Iran output; Says price alone does not justify oil release; Risks rift with U.S. over emergency release policy; U.S. does not wants rising oil price to offset Iran sanctions
August 28, 2012 6:42