Flash: Petronas to cut crude output by 20,000 bpd from Jan 2017
Published Wed, Dec 21, 2016 · 03:41 AM
MALAYSIA' national oil company, Petronas, said it is expecting to cut 20,000 barrels per day of crude oil from its average production from January 2017 in a voluntary response to the pact to slash global oil output between Opec and non-Opec producers.
FULL STORY: Petronas may cut crude output by up to 20,000 bpd from Jan 2017
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard