Tag Archives: Production

OPEC and its non-OPEC allies will gather in Algeria over the weekend to review compliance with existing cuts.

LNG prices in Asia are likely to remain largely unaffected for now.

Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.

Crude oil exports from southern Iraq are close to a record-high so far in September.

Saudi Arabia has made the mistake of trying to compensate for the loss of Iranian supplies with just-in-time replacement.

In the near-term. the US seems to be counting on Saudi Arabia and Russia. along with American shale drillers. to offset the losses from Iran.

Saudi Arabia is expected to take the issue of balancing the market at the upcoming summit of OPEC.

Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.

Russian oil producers are an attractive investment long-term because they have some of the lowest lifting costs globally.

U.S. President Donald Trump increased pressure on OPEC to ``get prices down now!``