home
>
related news
How aftermath of Gulf crisis will shape energy trade
- Lifting of blockade will save Qatar extra shipping costs of oil and LNG exports, and pave way for energy deals, expert says
Oil prices up still buoyed by OPEC+ output cut
- OPEC+ decision to cut output by more than expected in February and March relieves markets from low demand amid lockdowns
Saudis unilaterally cuts 1M bpd to solve OPEC+ tie
- Group agrees to cut production by 925,000 bpd in February and 850,000 bpd in March from rate of January
Saudi Arabia discovers four new oil fields
- State-oil firm Saudi Aramco is working on determining size and volume of discovered fields, says country’s energy minister
Blast causes damage to oil tanker off Saudi Arabia
- Explosion on MT Agrari, a Maltese-flagged vessel, off coast of Shuqaiq province in Red Sea
OPEC says attack on Aramco's fuel tank 'cowardly act'
-No supply chains were affected, says OPEC chief
Saudi official says terror attack behind oil tank blast
- Houthi spokesman confirms targeting Aramco distribution station in Jeddah
Business leader troubled by Saudi-Turkey trade tensions
- Politics aims to facilitate trade, but opposite being done, says head of exporter association
UAE fully committed to OPEC deal: energy minister
- United Arab Emirates energy minister's remarks come during press conference following OPEC's 22nd Joint Ministerial Monitoring Committee
home
>
related news
Trump urges Saudi Arabia to negotiate with Gulf nations
- US president welcomes opening of Saudi air space to flights between Israel-UAE, says White House deputy press secretary
Canada, S. Arabia are top oil exporters to US in June
- Total US crude oil imports average 6.4 million barrels per day in June, 310,000 barrels per day more than imports in May
Saudi Arabia discovers two new oil, gas wells
- Country holds 269 billion barrels, or 17.2%, of total global reserves after Venezuela
S. Arabia, Iraq discuss efforts to stabilize oil market
- S. Arabian energy min. and Iraqi PM stress compliance to OPEC+ pact, and compensation mechanism to meet targeted production
Global oil production increases in July 2020
- Global oil demand in 2020 is estimated to be 9.06 million barrels a day lower than last year
Global oil prices rise 3.8% in week ending August 7
- Iraq, Saudi Arabia decision to further cut oil production of around 400,000 barrels per day in August supports rising prices
OPEC agrees to ease oil output cut to 7.7 mbpd in August
- Group foresees jet fuel, gasoline and diesel consumption to grow in coming months
OPEC prepares to ease oil production cut to 7.7 mbpd
- "Excess oil will be used for domestic consumption in oil producing nations," Russian energy minister says
15.07.2020
Oil
OPEC share of global crude output falls to 39% in 2019
- Iran and Venezuela each see a year-over-year 33% decline in crude oil output
UK to resume Saudi arms sales after year-long hiatus
- Campaign Against Arms Trade calls it 'a disgraceful and morally bankrupt decision'
home
>
related news
Kuwait, Saudi Arabia restart production at Khafji field
- Facility closed as part of output cut agreement to ensure price stability in crude oil market
US oil production increases by 134% in 11 years
- Between 2009-2019, US share of world oil production jumped from 8.91% to 17.9%, almost doubling in 11 years
US leads world again in oil production, consumption
- US ranks first in oil production for sixth consecutive year, with Saudi Arabia in second place and Russia third
Iran slams UN report on 'arms' used in Saudi attacks
- Iran 'categorically' rejects claims by UN chief made under 'political pressure' from US, Saudi Arabia
Iraq confirms full commitment to new OPEC oil deal
- Iraqi minister commits to oil output adjustments for period after July, despite economic and financial challenges
Oil regains from 5% fall after Saudis end voluntary cut
- Libya restarting crude production in El-Sharara field will cap price gains
Lack of conformity in OPEC unacceptable: Saudi En. Min.
- 'All of us, and oil market, have no stomach for any type of laxities in terms of self-imposed cuts,' bin Salman says
OPEC, allies to meet on June 6: Russian Energy Ministry
- Meetings were initially scheduled for June 9 and June 10
Saudi, Russia agree on further oil output coordination
- 'President Putin, Saudi Crown Prince agree on further coordination on oil output adjustment,' OPEC says