Saudi Arabia to Sell 600,000 bbl/d of Crude to US
Saudi Arabia determined 600,000 barrels of its crude oil to be sold to USA daily in April 2020 to be the highest amount during a year.
OPEC | Egypt Oil & Gas - Part 12
Saudi Aramco to Provide 8.5 mmbbl/d of Crude Oil
Saudi Aramco company announced that it will provide its customers with 8.5 million barrel per day (mbl/d) of crude oil starting from May 2020 .
ADNOC Terminates $1.65 B Petrofac Project
Petrofac Ltd has announced that its Petrofac Emirates joint venture with Abu Dhabi National Oil Company (ADNOC) for the Dalma Gas Development Project has been terminated.
Kurdistan to be Included in Iraq’s Oil Production Cuts
Iraq’s oil minister, Thamer al-Ghadhban, announced that the Kurdistan region is included in the 1 million barrels per day (mmbbl/d) cut of oil production.
Saudi Energy Says Global Oil Cuts to Exceed 19 mmbbl/d
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, opines that global oil cuts will amount to 19.5 million barrels per day (mmbbl/d) with the OPEC+ cuts and G20 pledges.
Oman’s Oil Production to be Cut by 200,000 bbl/d
Oman has announced that it will cut oil production by 200,000 barrels per day (bpd) following the record OPEC cuts.
OPEC+ Decisions Could Curb Oil Supply by 20%
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced yesterday to cut oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, curbing global ...
Crude Oil Reaches the Lowest Level Since 2003
Crude oil prices plunged under $25 a barrel for the first time since 2003 in London and dropped 2 in New York after the announcement of Saudi Arabia to keep record high production over the coming months.
OPEC to Extend Production Cuts Until Year- End
The Organization of the Petroleum Exporting Countries (OPEC) could extend its oil production cuts until the end of 2020.
Production to Resume in Wafra Field
Wafra field, located in the Neutral Zone, will restart its oil production by March, according to Khaled Al-Fadhel, Kuwaiti Oil Minister.
