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 ...
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 ...
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
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 Ch...
The article reports that Saudi Arabia's King Abdullah has said that oil prices would not fall further even if production were increased. Abdullah said that speculation and taxes have fueled the price hike.GrahamTaylorWorld Refining & Fuels Today...
By Stefan J. Bos, Chief International Correspondent Worthy News MOSCOW/RYADH (Worthy News) – 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. ...
Saudi Crude Oil Exports Jumped to Three-Month High in October OilPrice.com Haaretz: Israel and Saudi Arabia Reach Breakthrough in Talks to Normalize Ties - Democracy Now!(Dec 18, 2024 15:28) Haaretz: Israel and Saudi Arabia Reach Breakthrough in Talks to Normalize Ties &n... ...
Saudi Arabia Announced An Additional 1 Million B/d Of Oil Cuts in July, Extending Existing OPEC+ Cuts Until The End Of 2024
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 ...
Saudi Arabia will cut oil production by 1mn barrels a day in a bid to prop up oil prices, it announced after a fractious meeting of the Opec+ group of producers in Vienna on Sunday. The kingdom’s energy minister Prince Abdulaziz bin Salman,Opec’s de facto leader, made the move as ...