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Report: OPEC+ Added 610,000bpd to Oil Market in June

Emmanuel Addeh in Abuja with agency report The Organisation of Petroleum Exporting Countries (OPEC) and its allies OPEC+’s crude production rose by over 600,000 b/d last month as quotas increased and Saudi Arabia further unwound its additional cut. Argus estimated that OPEC members, including those not participating in the supply restraint pact, added 560,000 b/d to the market in June, with Riyadh accounting for the lion’s share. Saudi Arabia brought back another 350,000 b/d of the extra 1million b/d cut that it implemented in February to April and plans to restore the remaining 400,000 b/d this month.

Angola seeks investors for 200,000 bpd Lobito refinery

Angola seeks investors for 200,000 bpd Lobito refinery
africanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanews.com Daily Mail and Mail on Sunday newspapers.

Angola Kicks Oil Privatization Into Overdrive

Angola Kicks Oil Privatization Into Overdrive
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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