OPEC+ production hikes may strain Saudi output; learn how this could impact oil markets and discover timely investment ...
Saudi Arabia's crude oil exports and production surged in August, reaching a six-month high as OPEC+ increased output, but concerns about weakening global demand and reduced spare capacity loom.
Saudi Arabia’s demand for key oil-based power generation fuels fell by an average of 270,000 b/d during June and July. The ...
Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and losing market share. But launching price wars is becoming more painful. The ...
OPEC+ unexpectedly increased its supply additions for May and June by 411,000 bpd each, contradicting earlier efforts to tighten the market. Saudi Arabia raised oil prices for Asia even as demand ...
Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost oil ...
Last month, following a collapse in the price of Brent crude to a four-year low, Saudi Arabia and its OPEC-plus partners announced their second consecutive monthly supply hike. Doubtless this will be ...
Catching oil markets wrong-footed, the Saudis last month proposed to restore 411,000 barrels per day of production in May. The move triggered April’s 19% month-over-month fall in crude prices, the ...
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