opec

In Q3 SOCAR exported about 3,7 mln tons of crude oil and more than 148 mln cubic meters of natural gas

October 16, 2020
The FINANCIAL — SOCAR produced above 1,8 million tons1 of oil and more than 1,8 billion cubic meters2 of natural gas during the third quarter of 2020. Due to production cuts under OPEC+ agreement, oil production decreased, as compared to the same period of the previous year. Natural gas production continued to grow. Nationwide crude oil and natural gas output totaled about 8,2

Oil prices are falling again

The FINANCIAL – Oil prices are plunging again. Opec members wanted to bring next week’s Vienna meeting forward to late February, but Russia would not agree. The plunge in oil prices has clobbered energy stocks, which entered a bear market late last
February 28, 2020
2 mins read

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