Commercial oil inventories of the Organization for Economic Cooperation and Development (OECD) dropped by 6.4 mln barrels and totaled 2.962 bln barrels in April 2021, the Organization of Petroleum Exporting Countries (OPEC) says in its June report.
The oil supply from non-OPEC countries will gain 0.8 mln barrels per day in 2021, the Organization of Petroleum Exporting Countries (OPEC) says in its June report.
It has the nutrition of cauliflower, which has carbohydrates and sodium, and bhindi, that has protein, fibre, a host of vitamins, manganese and phosphorous, that are essential for good health.
Oil futures edged higher Thursday, stabilizing after a jump in U.S. gasoline inventories pressured the complex in the previous session.
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The third producer exempted from the cuts, Libya, also raised its crude oil production in May compared to April, when output was lower due to several days of force majeure at one of the oil export terminals.
Oil production in Kazakhstan in the first five months of 2021 amounted to 35.5 mln tonnes, or 99.3% of the previously planned volume, Minister of Energy Nurlan Nogayev said on Thursday.
Oil extended declines as rising U.S. fuel stockpiles punctured the optimism on demand that drove crude to the highest since 2018 this week.
India’s fuel demand slumped in May to its lowest since August last year with a second COVID-19 wave stalling mobility and muting economic activity in the world’s third largest oil consumer.
China’s privately-owned Shenghong Petrochemical plans to start test runs at its 320,000-barrels-per-day (bpd) crude unit in August or September, a company official told Reuters.