Tag Archives: Saudi Arabia

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.

Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.

The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.

Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

The Kingdom has an advantage in being one of the leading players in the mining sector.

Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

Analysts had expected that Iran would not agree to any specific production boost.