Tag Archives: Saudi Arabia

The total amount of oil Saudi Arabia supplied to the market in June was around 10.579 million bpd.

The world’s third largest crude oil supplier currently produces about 10 million bpd and has the capacity to produce 12 million bpd.

Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.

The statement said the kingdom will coordinate with other producers.

The terms of the agreement reached last month were ambiguous.

Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.

Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.

Statement doesn’t confirm Trump tweet that King Salman ``agreed.``