Tag Archives: Oil Production

Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.

The EIA is forecasting US oil production will lift 14.8% to 10.70 million barrels per day this year.

Russians can pull out of the deal as they have made no commitment to OPEC to remain in the agreement until the end of 2018.

Strong economic growth is what’s really driving demand at levels much higher than recent history.

The fall in oil prices had an immediate and dramatic impact on drilling activity.

Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.

Iran will press for carefully bringing back some of its own production.

Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.

Iraqi oil production has remained stable at 4.36 million b d from September to February.

Oil will maintain its key role in the global energy mix for the forseeable future.