Tag Archives: Production

Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.

Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.

The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.

The fundamental equation in the natural gas market gas expanded dramatically.

Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.

Russia can bring ``a couple of hundred thousand barrels`` in the short term.

One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.

Saudi Arabia will continue to increase oil production in order to achieve moderate prices.

Other OPEC countries have been increasing production in recent months.

Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.