Tag Archives: Saudi Arabia

Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.

Iraqi prime minister also agreed on the need to extend OPEC cuts for a nine-month period.

Some 50.000 barrels will be added to Doroud and Soroush fields'. daily output by the end of the present fiscal.

The MoU aims to generate USD 4 billion in annual productivity improvement.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.

Aramco has said the 400.000-bpd Jazan refinery will start next year.

OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

This small company could be one of the biggest winners of the coming gold boom.

India'.s main crude suppliers. Saudi Arabia and Iraq. cut exports to India this year due to production curbs.