18797
Saudis "Have Plenty of Crude"
Energy

Saudis "Have Plenty of Crude"

Ahmed Al-Subaey, Saudi Aramco's marketing director, said the world's top oil exporter was already talking to prospective Indian buyers for additional oil. Saudi Arabia increased production in May to around 10.3 million barrels per day - its highest rate on record - as a result of increased global demand. "We have plenty of crude... You are not going to see any cuts from Saudi Arabia," Al-Subaey told Reuters.

 

Short URL : http://goo.gl/6TK5Zt

You can also read ...

Iraq Raising Crude Exports to Make Up for Kirkuk Shortfall
Iraq said it was increasing oil exports on Saturday from the...
Shipping delays and quality concerns are jeopardizing Venezuela’s crude sales.
Venezuela's state-run petroleum firm PDVSA has been barred...
The possibility that OPEC will extend the cuts points to a more optimistic view of the industry.
Schlumberger reported on Friday a higher net profit for the...
Iran's Heavy Crude Price Ticks Up
Iran's crude oil price movements were limited in the week to...
Iran is pushing ahead with plans to build several LNG production and export facilities.
Despite years of speculations and no action, Iran continues to...
NIGC Assures Stable Energy Supply in Winter
In line with efforts to ensure energy supply during the cold...
Saudi Arabia's Falih Calls for Crude Supply Cooperation
Saudi Oil Minister Khalid al-Falih made a high profile visit...

Trending

Googleplus