Tag Archives: Crisis

Russian oil producers are an attractive investment long-term because they have some of the lowest lifting costs globally.

Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.

Russia could raise output by 300.000 bpd.

NOC has announced year-to-date revenue for 2018 of 13.6 billion dollars. hitting the highest revenue since 2013.

The financial crises in Argentina and Turkey have sent shivers through emerging markets.

U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.

Egypt has been importing liquefied natural gas over the past years.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.

OPEC and its allies agreed in late 2016 to cut output from 2017 by around 1.8 million barrels per day (bpd) versus October 2016 levels.

Venezuela is coping with one of the worst economic disasters in the world.