Tag Archives: Baker Hughes

Venezuelan production will decline by an additional 300.000-500.000 barrels per day (bpd) this year.

Oil prices fell on Friday. as fears of a supply glut continues.

The U.S. Federal Open Market Committee (FOMC) is set to start a two-day meeting on Tuesday.

Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row.

Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.

The rig count is an indicator that U.S. crude production will increase further.

Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.

The United States will remain a key part of the Saudi economy.

``Davos in the Desert`` has more than 150 speakers from 140 different organizations and 17 global partner entities.

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.