Tag Archives: Khalid A Al Falih

OPEC+ is scheduled to meet in the Austrian capital of Vienna in April for an extraordinary general meeting.

Russia will cut production by 228.000 barrels per day.

The JMMC includes major oil producers Saudi Arabia and Russia and monitors the oil market and conformity levels with supply cuts.

China and the U.S. would lead healthy global demand for oil this year.

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

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

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

Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products.

Saudi Arabia'.s voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day.

Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.