OPEC+ member-states made the decision on the uniform redistribution of the 432,000 barrels/day September quota to July and August, according to the final communique posted on the OPEC website. Oil production in each of July and August will grow by 648,00 barrels, according to the document. The meeting also resolved ...
The pumping of gas into European underground gas storage (UGS) facilities in May not only reached a record level for this month, but hit a fresh high since records started in 2011, according to data provided by Gas Infrastructure Europe (GIE). LNG imports to Europe also reached a record level ...