Tag Archives: Platts

Iran has sold Rials 422.3 trillion worth of crude oil in the five-month period. up Rials 78.7 trillion on the year.

The BOC-operated fields will add 700.000 bpd to overall production by 2024.

Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.

Chinese oil product consumption between January and August rose by 5.8 percent compared to the same period last year.

Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.

OPEC has been under fire by the US for not pumping more to bring down oil prices.

In Europe. Russia’s Urals is considered to be one of the best replacements for Iranian grades.

On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.

Norway sent a record high volume of gas to Europe this summer.

The Nord Stream 2 project company had intended to go to the market for external financing for up to 70% of the total cost this year.