Aramco is planning to invest in some Russian oil and gas companies.
Read More »OPEC. Allies could Sign ‘Open-Ended’ Cooperation Deal in December
Russia will take leadership for the new secretariat.
Read More »Saudi Arabia has `No Intention` to Reply 1973 oil embargo
Global supply next year could be helped by Brazil. Kazakhstan and the United States.
Read More »OPEC. Allies Struggle To Add Pledged Barrels to the Market
Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.
Read More »Saudi Oil Output Rise will Meet India`s Demand
Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »OPEC Compliance 110% in September
OPEC has been under fire by the US for not pumping more to bring down oil prices.
Read More »Saudi Arabia Supplies about 5 mln bpd to Asian States
Oil from Eastern Russian field is very competitive.
Read More »Saudi Arabia. Russia Agreed in September to Lift Oil Output
Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.
Read More »Saudi Arabia Plans Oil Production Rise in October. November
Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.
Read More »Saudis will Boost Crude Production in The Next Three Months
Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.
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