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Saudi Arabia To Keep Oil Production At Record Rate For Coming Months

2020-03-18 18:35:50| OGI

Saudi Arabia said it will boost its crude supply in April to a record rate and its oil exports are also set to hit a new high in May.

Tags: rate months record production

 

Saudi Arabia, Kuwait Plan To Boost Production At Khafji Oil Field

2020-03-11 16:27:56| OGI

Production from the joint Kuwaiti-Saudi oil field al-Khafji is expected to surpass 100,000 barrels per day (bbl/d) by the end of April and reach 175,000 bbl/d by the end of the year, a senior Kuwaiti oil official told Reuters.

Tags: plan field production oil

 
 

Saudi Arabia, Russia Raise Stakes In Oil Standoff

2020-03-10 17:21:39| OGI

Saudis rebuff Russian request for talks, plan to hike output to record in April.

Tags: oil russia raise arabia

 

Crazy Saudi Oil Price Cuts Seen Reigniting Market Share War

2020-03-09 10:20:00| OGI

The world's top producers including Saudi Arabia, Russia and other Middle East producers were last locked in a market share war between 2014 and 2016.

Tags: price share war market

 

Saudi Arabia Slashes April Crude Oil Prices After OPECs Supply Pact Collapsed

2020-03-08 03:45:31| OGI

Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPECs oil supply cut pact with Russia fell apart on March 6, sending oil into a tailspin.

Tags: april prices supply oil

 

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