Tag Archives: Reuters International News Agency

Aramco expected to boost its exports to Chinese refiners to 1.5 million bpd this quarter from 1 million bpd last year.

The group will meet in Vienna on April 17-18.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

Production in U.S. hit a record of more than 12 million bpd in February.

The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.

India has already built 5.33 million tons of underground reserves in three locations.

The company also plans to sell some mature oil fields in Brazil. a small addition to its divestment program.

OPEC exports are off by over 1.5 million barrels per day (bpd) since November.

Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.