All publications by tag «ARAB»
2018, September, 21, 10:45:00
UNEXPECTED OIL PRICES
SHANA - What is common in oil market is that no price levels could be forecast for the future there. Only its unpredictability is predictable. Rarely may you find an expert to say with full certainty in which direction oil prices are headed.
2018, September, 21, 10:35:00
OPEC-NON-OPEC DECISIONS
SHANA - Iran’s Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production quotas.
2018, September, 19, 13:39:00
SAUDIS OIL PRODUCTION: 10.42 MBD
PLATTS - Saudi production has since risen to 10.42 million b/d in August, the country reported to OPEC in the organization's most recent monthly oil market report. Saudi Arabia's crude oil stocks, which have been declining steadily over the last three years, fell to 229.41 million barrels in July, down 11.4% since May 2017, the JODI data showed.
2018, September, 17, 15:15:00
IRAN'S SUPPLIES COMPENSATION
REUTERS - Saudi Arabia, the United States and Russia can between them raise global output in the next 18 months to compensate for falling oil supplies from Iran and elsewhere, U.S. Energy Secretary Rick Perry said on a visit to Moscow on Friday.
2018, September, 12, 11:45:00
SAUDIS BONDS: $2 BLN
REUTERS - Saudi Arabia has started marketing U.S. dollar-denominated sukuk, or Islamic bonds, with the issue expected to be around $2 billion in size, a document showed on Wednesday.
2018, September, 7, 12:41:00
SAUDIS OIL FOR U.S. UP
BLOOMBERG - Saudi Arabia has markedly increased oil exports to America, a sign OPEC’s leading producer is responding to pressure from U.S. President Donald Trump to cool down the energy market.
2018, September, 5, 10:55:00
SAUDIS OIL PRICE: $70 - $80
REUTERS - “The Saudis need oil at about $80 and they don’t want prices to go below $70. They want to manage the market like this,” one of the sources told.
2018, September, 3, 15:15:00
SAUDIS OIL PRODUCTION: 10.4 MBD
PLATTS - Saudi Arabia will report August crude oil production of 10.424 million b/d, an OPEC source told S&P Global Platts on Friday. The figure represents a 136,000 b/d increase from July, when Saudi Arabia, OPEC's largest producer and the world's largest crude exporter, self-reported production of 10.288 million b/d.
2018, September, 3, 14:45:00
SAUDI ARABIA'S NUCLEAR
IAEA - "The vision of Saudi Arabia 2030 considers nuclear energy as an important source to support stability and sustainable growth,” he said. “Deployment of nuclear energy aims for peaceful purposes, in a safe, secure and sustainable manner consistent with highest standards and best practices. The Kingdom of Saudi Arabia has requested the INIR mission to support this goal. It was a valuable tool to pinpoint areas of improvement and ensure that the required infrastructures are in place before signing the contract for building the first nuclear power plant in the Kingdom of Saudi Arabia.”
2018, August, 29, 10:05:00
SAUDI ARAMCO NEW CONTRACT
FT - Saudi Arabia has cut the length of time that its state energy company has exclusive rights to the kingdom’s vast oil and gasfields, raising questions about Saudi Aramco’s long-term production and revealing a power struggle between the company and the government.