Tag Archives: Production

Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia

Saudi Arabia. OPEC’s de facto leader and largest producer. pumped 10.53 million bpd in September.

Oil-related investment requirements across the upstream. midstream and downstream are estimated at around $11 trillion in the period to 2040.

The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.

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

Iran has started to offer cargo insurance and tankers operated by Iranian companies in a bid to continue to sell its oil to the major buyers.

Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.

Iran has no plan to cut production. and is seriously working on production. and even delayed the repairs.

The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.

Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.