Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
IEA: Oil production from OPEC members stable
by Daniel J. Graeber
Vienna (UPI) Jul 11, 2013


disclaimer: image is for illustration purposes only

Lower oil production from Iraq was offset by gains elsewhere from members of OPEC, the International Energy Agency said Friday.

The Organization of Petroleum Exporting Countries said in its monthly market report for June production from Iraq had declined. IEA, based in Paris, said it saw little overall change from the 12 members that combine to represent about 60 percent of the total petroleum traded internationally

"OPEC supplies were virtually unchanged in June at 30.03 million barrels per day, as lower Iraqi production offset gains in Saudi Arabia, Iran, Nigeria and Angola," IEA said in its monthly market report.

Libya, a once-major North African oil producer, has struggled to return to a pre-war production level of around 1.4 million barrels of oil per day. A Sunni-led insurgency in Iraq, meanwhile, is threatening the country's oil sector.

OPEC in a June statement said there is sufficient oil production from OPEC members and steady growth from non-members to keep markets satiated.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
U.S. on pace to break 40-year oil production record
Washington (UPI) Jul 9, 2013
Expectations about total U.S. crude oil production for next year are the highest they've been in more than 40 years, the U.S. Energy Department said. The U.S. Energy Information Administration, the statistical arm of the Energy Department, said in its short-term market report, published Tuesday, total U.S. crude oil production averaged 7.4 million barrels per day last year and should le ... read more


OIL AND GAS
Blow for Australia government as carbon tax repeal fails

Upton wants policies in place to exploit energy leadership

Green planning needed to maintain city buildings

GE taps China CEO to lead Alstom merger

OIL AND GAS
Silicon sponge improves lithium-ion battery performance

Using Sand to Improve Battery Performance

RUB chemists develop novel catalyst with two functions

Britain wins carbon capture funding from EU

OIL AND GAS
Hunger for vegetable oil means trouble for Africa's great apes

Microbe sniffer could point the way to next-gen bio-refining

The JBEI GT Collection: A New Resource for Advanced Biofuels Research

A Win-Win-Win Solution for Biofuel, Climate, and Biodiversity

OIL AND GAS
Sophisticated radiation detector designed for broad public use

Japan city launches legal bid to halt reactor build

Westinghouse Extends New-plant Market with Specialized Seismic Option

Single Optical Fiber Combines 100s Of Sensors To Monitor Harsh Environments

OIL AND GAS
IPCC must consider alternate policy views

Putting a price tag on the 2 degree climate target

Kudzu can release soil carbon, accelerate global warming

More carbohydrates make trees more resistant to drought

OIL AND GAS
Rideshare vs. taxi: the war flares up in the Big Apple

China to scrap purchase tax on electric vehicles

Colorado State University to receive four really smart cars this summer

Volkswagen to build two new plants in China

OIL AND GAS
Iraq MPs bow to pressure over government delays

Iran backs Maliki as Iraq PM but open to change

Lebanon charges Saudi, French citizens for jihadist ties

'Caliph' sermon at Iraq mosque show of confidence: experts

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.