The 1.2-million-bpd cut is basically the currently expected production growth in the United States for next year.
Read More »Iran emphasizing importance of expanding business-economic relations with Kuwait
Al-Nahar emphasized the importance of expanding trade and economic relations between the two neighboring countries.
Read More »Saudi Arabia Spares Asia from Crude Cuts in Bid to Keep Market Share
South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.
Read More »Khalid al-Falih Expects Oil Stocks to Fall by End of First Quarter
The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.
Read More »Saudi Aramco Plans to Invest in Technology Sector
The focus of the new venture will be on opportunities with significant potential for local value creation.
Read More »Qatar Petroleum will Invest $20 Billion in U.S. over Few Years
Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years.
Read More »Qatar Buys Mexico Oil Stakes from Italy`s Eni
Eni has made offshore discoveries from the Americas to Africa and the Mediterranean.
Read More »Saudi Arabia Plans to Slash Crude Exports to US
Saudi total exports are set to drop to around 7mn bpd in January.
Read More »Saudi Aramco Signs Agreement with Raytheon to Establish Cybersecurity JV
The JV will help increase the cybersecurity protections available to the Saudi oil major besides its suppliers.
Read More »Iran’s Exports to Persian Gulf Nations Rise by 38% in 8 months
The UAE was Iran’s top export destination among Persian Gulf nations.
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