Tag Archives: Energy Today

Saudi Arabia and its allies are now considering cutting output by 1 million to 1.4 million barrels per day.

As oil prices have headed south. Saudi Arabia said it would cut exports by 500.000 bopd next month.

Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses.

The increase in the volume of this export will take place in several stages.

The sanction freezes any property or interests of the designated individual within the US or in possession of US citizens.

APEC meeting provides once again that the two sides remain far from any agreement on trade.

Saudi Arabia has said that if it does not get U.S. assistance to build reactors it may turn to other international partners.

The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.

Iran began gas exports to Baghdad in June 2017.

OMV is a financial investor in the 55 Bcm year Nord Stream 2 project.