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The nine OPEC members subject to quotas boosted crude oil output by 100,000 b/d in May, driven by Nigeria and Iraq, pushing the group 320,000 b/d above their collective targets, while the bloc's Russia-led allies cut production, the Platts OPEC+ survey from S&P Global Commodity Insights shows June 10. With Russia, Kazakhstan and Mexico -- among the non-OPEC ...
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China and Pakistan have agreed to expand their oil, gas and mining cooperation following Pakistani Prime Minister Shehbaz Sharif’s visit to China on 4–8 June. In a joint statement, the nations agreed to enhance cooperation within the multi-billion-dollar China-Pakistan Economic Corridor (CPEC), a Chinese land and sea infrastructure project in Pakistan ...