Tag Archives: Asia

Production in U.S. hit a record of more than 12 million bpd in February.

Consumer countries see that a price between $60-70 is a good price for everyone.

The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.

India has already built 5.33 million tons of underground reserves in three locations.

Joint railroad projects with Iran will start after the Pakistani prime minister’s approval.

US oil production has more than doubled over the past decade.

Saudi Aramco’s gas development programme is expected to attract as much as $150 billion in investment over the next decade.

China passed on U.S. crude for much of the second half of last year amid a series of tit-for-tat tariff measures.

Saudi Aramco is expected to issue its initial public offering (IPO) within two years.

LNG prices in Asia have been in a steady decline in recent days and weeks.