Russia's production of oil and gas condensate rose to 10.84 million barrels per day last October, the highest in 18 months, compared to 10.72 million barrels per day in September. Total oil and condensate production reached 45.86 million tons last…
Continue ReadingChevron, the US company, posted its highest quarterly profit in 8 years, thanks to higher oil and gas prices and a pickup in auto fuel demand that boosted refining margins. The strong results came a day after US lawmakers questioned…
Continue ReadingThe CEO of BlackRock, the world's largest asset management company, Larry Fink, during his participation in the Future Investment Initiative, which kicked off today in the Saudi capital, Riyadh, expected oil prices to reach $100 a barrel. He said that…
Continue ReadingAn official report showed an increase in Saudi oil export revenues in August of this year by 72.2%, compared to the same period last year. The report of the General Authority for Statistics on the Kingdom's foreign trade during August…
Continue ReadingJordan depends on importing oil to cover its domestic needs, amid demands to pump more investments into the sector in order to meet the increasing demand for oil derivatives, which costs the country's budget huge sums. In this context, an…
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