RIYADH, March 3 (Xinhua) -- Saudi Arabia announced on Sunday the extension of its voluntary cut of oil production of 1 million barrels per day to support the stability and balance of oil markets, the Saudi Press Agency reported. The reduction was implemented in July 2023 until the end of ...
Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply. ActualPreviousHighestLowestDatesUnitFrequency 8926.008972.0012007.002340.001973 - 2024BBL/D/1KMonthly NSA CompareCrude Oil Production by Country ...
HOUSTON, Sept. 23 (Xinhua) -- The U.S. Energy Information Administration (EIA) said Monday that crude oil production outage in Saudi Arabia due to attacks on its key oil facilities has affected the global crude oil and gasoline prices. On Sept. 14, drone attacks damaged the Saudi Aramco ...
Speaking to the media in Jeddah during a news conference, Abdulaziz said that Saudi Arabia will maintain full oil supply to its customers this month, adding that the Kingdom had dipped into its stored reserves to ensure supply continues as normal, while oil production capacity will rebound to 1...
近日，中国建造重量最大的国际海洋油气平台——马赞油气集输平台在山东青岛完工交付。The world's heaviest offshore oil and gas production platform is delivered to the Saudi Arabian National Oil Company Marjan in Qingdao, east China's Shandong Province, Aug. 12, 2024.(Photo provided to ...
The world’s biggest oil exporters, Russia and Saudi Arabia, have urged all members of the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to cut production.
Heavyweight oil producer Saudi Arabia will extend a 1 million barrel per day voluntary crude output cut into September, in the third month of such declines, the state-owned Saudi Press Agency said Thursday. “In effect, the Kingdom’s production for the month of September 2023 will...
Saudi Arabia and other major oil producers say they will cut oil production by 1.15 million barrels per day from May until the end of 2023. The Saudi Energy Ministry said Sunday that its cuts of 500,000 barrels per day were in addition to a reduction ann
Saudi Arabia May Expand Oil Production Capacity
Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.