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Malaysia cuts oil output to 15,000 barrels a day in line with Opec decision | Malay MailKUALA LUMPUR, Dec 8 — Malaysia will reduce its total oil output to 15,000 barrels per day from 20,000 barrels per day from next year following the decision of Organisation of the Petroleum Exporting Countries (Opec) to cut production levels. Economic Affairs Minister Datuk Seri Azmin Ali said...
Source: malaymail - 🏆 1. / 86 Read more »
Opec, allies seek the nirvana of crude oil 'balance'Given the plethora of competing factors and influences, it would seem balance will be a difficult, if not impossible task in the crude oil market.
Source: fmtoday - 🏆 5. / 72 Read more »
Oil prices rise on Asian stock rally, Opec-led cutsThe higher prices came amid an increase in Asian share markets on Wednesday.
Source: fmtoday - 🏆 5. / 72 Read more »