Tag Archives: Persian Gulf Countries

There’s a strong challenge for the key producers to increase production and comfort the markets.

Global supply next year could be helped by Brazil. Kazakhstan and the United States.

Washington is pushing allies to cut imports of Iranian oil to zero.

OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.

ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.

Since 2006 to date. no one delivered more oil to China than Saudi Aramco.

The first crude carrier supplying the refinery should arrive in December or January.

Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.

Saudi Arabia is India’s second largest oil supplier after Iraq.

India is the world’s third-largest consumer of oil.