oil production and prices
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Saudi Companies Project Production Costs Rise in 2016
Sunday, 3rd January 2016
Saudi Arabia's companies - Tasnee, SABIC, PetroRabigh and Yansab - have announced that their annual production costs would increase in 2016 following the latest government subsidy reforms that led to price hikes of fuel, electricity, and natural gas.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021