Tag Archives: Saudi Arabia

Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.

Saudi Arabia should know that terrorism threats also this country.

Within OPEC. Saudi Arabia has shouldered the burden of the production cuts. offsetting poorer compliance by other nations.

Despite the supply adjustment. stocks have continued to rise. not just in the US. but also in Europe.

India'.s oil imports from Iran rose nearly 17% in February from a month earlier.

India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.

There are concerns that the glut could persist because shale supply.

According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.

Many of the questions revolved around the fact that there is so much inventory remaining.

Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.