Tag Archives: International News Agency

Iraq calls on all parties to stop carrying out reciprocal attacks and causing huge human and facility losses.

Abqaiq. in the kingdom’s eastern province. is the world’s largest oil processing facility.

The emergency stockpile is stored in huge underground salt caverns along the U.S. Gulf Coast.

Long-term oil demand is expected to rise to almost 112 mb d by 2040.

US &. its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.

Belal. a field shared with Qatar. straddles the maritime boundary between Iran and Qatar in the Gulf.

Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".

Demand for OPEC crude will average 29.40 million bpd in 2020. down 1.2 million bpd from this year.

Iran'.s crude exports and production have plummeted because of the sanctions.