Oil & Gas

OPEC report highlights mixed performance of global oil industry

by Obodo Ejiro

June 23, 2016 | 12:50 pm
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The Organisation of Petroleum Exporting Countries (OPEC) Secretariat has launched the 51st edition of its Annual Statistical Bulletin (ASB). The report shows that in 2015, world crude oil production increased by 1.75 million barrels/day (mb/d), or 2.4 per cent, compared with 2014, marking the second-highest increase within the last 10 years. Among non-OPEC countries, United…

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by Obodo Ejiro

June 23, 2016 | 12:50 pm
  |     |     |   Start Conversation

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