Russia & Saudi Arabia to continue voluntary oil cuts
In August, Russia announced that it would decrease exports by 300,000 bpd through the end of the year...
Tag : Saudi Arabia oil
Saudi Arabia pumped 8.974 mn barrels of oil per day in September
The Kingdom exported 6.1 mn barrels a day during September...
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
Hormuz closure will not hit UAE, Saudi Arabia oil exports
The two countries in addition to Oman have alternative maritime routes, protecting their oil export activities against Hormuz’s potential closure...
Saudi Arabia achieves surplus as oil revenue spikes 48% in Q1
The Kingdom has recorded a budget surplus for the first time since the collapse of oil prices in 2014...