United Kingdom  

Trusted News Discovery Since 2008
One News Page
> >

Syncrude Cuts Oil Output By More Than 1.5 Million Barrels

OilPrice.com Thursday, 5 December 2019
Canadian oilsands operation Syncrude has reduced its December crude oil production by 1.6 million barrels according to Reuters, citing three market sources. The production cutback was due to a operational problem, the sources said, who did not elaborate on what those operational problems were. Syncrude is one of the largest producers of crude from Albertas oilsands, a joint venture between Exxon’s Imperial Oil Resources, China National Offshore Oil Corporation (CNOOC), Sinopec, and Suncor. Syncrude also scaled back its oil sales in October…
Credit: Reuters Studio - Published < > Embed
News video: Oil drops even as OPEC curbs output

Oil drops even as OPEC curbs output 00:56

Oil prices fell Friday even after OPEC agreed to curb output. Julian Satterthwaite reports.

You Might Like

Recent related videos from verified sources

There's no dearth of crude oil in global market Dharmendra Pradhan [Video]There's no dearth of crude oil in global market Dharmendra Pradhan

There's no dearth of crude oil in global market Dharmendra Pradhan

Credit: ANI     Duration: 01:18Published

How Jim Cramer Is Approaching Oil [Video]How Jim Cramer Is Approaching Oil

Jim Cramer has some advice on oil.

Credit: The Street     Duration: 00:58Published

Recent related news from verified sources

Hedge Funds Dump Oil After Middle East Tensions Ease

After the spike in oil prices in the first days of 2020 on the back of increased tension between the U.S. and Iran, money managers liquidated some of the long...

Brazil Breaks Oil Production Record

Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports, citing the country’s oil...

Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.