Saudi Arabia | Egypt Oil & Gas - Part 15

Saudi Arabia to Reduce Oil Production Worth 1% of Daily Global Supply

A Saudi Ministry of Energy Official stated that Saudi Aramco will reduce its crude oil production in June by a voluntary amount of 1 million barrels of oil per day (mmbbl/d) or 1% of daily global oil supply.

Saudi Arabia Sells Crude to Belarus for First Time

Belarus’ state refiner Beleneftkhim has purchased its first batch of crude from the Kingdom of Saudi Arabia.

Saudi Arabia Ready for Long Term Cooperation with Russia

Saudi Arabia and Russia confirmed their commitment to implement the OPEC agreement of limiting production to 9.7 million barrels per day (mmbbl) for the coming two years.

Saudi Arabia Crude Oil Exports Falls to 7.2 mmbbl in February

Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.

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.

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 .

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.

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 ...

Saudi Aramco Cuts Local Fuel Prices

Saudi Aramco company has announced a reduction in fuel prices in the Kingdom.

US Senators Urge Saudi Arabia to Cut Crude Production

Republican US senators had spoken with the Saudi Energy Minister, Abdulaziz bin Salman; Deputy Defense Minister Khalid bin Salman; and the Saudi ambassador to the United States, Reema bint Bandar bin Sultan to urg ...

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