Stowvat Investments Limited: OPEC crude oil production hits three-year high

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Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Wednesday, 1 July 2015

OPEC crude oil production hits three-year high

01 July 2015, Lagos – Despite the clamour by the poorer members of the Organisation of Petroleum Exporting Countries (OPEC) for the cartel to reduce crude oil production due to the drop in prices, OPEC’s daily output climbed to a three-year high in June. Saudi Arabia and Iraq hit record or near-record output, despite the […] More »