Tag Archives: Reuters International News Agency

The five new terminals could collectively triple Pakistan’s LNG import capacity.

There is enough oil in global stockpiles to replace barrels Saudi Arabia had temporary lost due to the attacks.

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.

Belal. a field shared with Qatar. straddles the maritime boundary between Iran and Qatar in the Gulf.

Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".

Demand for OPEC crude will average 29.40 million bpd in 2020. down 1.2 million bpd from this year.

The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.

The global oil market is balanced. while some uncertainties remain.

Russia continues its coordination with the Organization of the Petroleum Exporting Countries (OPEC) on the global oil market.

The trade and tariff overhang is inescapable for oil markets.