Tag Archives: Production

China accounts for 85 percent of the world’s production of rare earths.

The field produces about 290.000 barrels per day (bbl d). accounting for a quarter of Libya’s oil production.

Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.

OPEC and its allies have agreed to cut production by 1.2 million b d through to the end of the first quarter of 2020.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.

The two side also discussed the oil market conditions and the Kingdom’s keenness to maintain its stabilities.

Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.