1. A Tale Of Two OPECs: GCC Drills For The Future, Periphery Slashes Spending

    ...nths since then Saudi oil minister Ali Naimi told MEES that his country was committed to a policy of maximizing market share for “highly-efficient…low-cost” producers, however long this took – “two years, three years, God knows” – and whatever the effect on oil prices (MEES, 18 December 2014). De...

    Volume: 59
    Issue: 28
    Published at Fri, 15 Jul 2016
  2. OPEC Drilling By The Numbers: ‘Annual Wells Drilled’ From OPEC’S 2016 Statistical Bulletin

    ...lls % 2014 2013 S. Arabia 616 +78 +14.5 538 42...

    Volume: 59
    Issue: 28
    Published at Fri, 15 Jul 2016
  3. Iraqi Oil Output Seen Stagnating

    ...IRAQ The US government’s Energy Information Agency (EIA) has cut estimates of Iraqi oil output growth in 2014 and 2015 in its latest short term energy outlook. Although operations in Iraq’s southern oil hub have so far been spared from rapid jihadist advances, the EIA sees production st...

    Volume: 57
    Issue: 28
    Published at Fri, 11 Jul 2014
  4. OPEC Sees Fall In 2014 Call on Its Crude

    ...  OPEC   OPEC Sees Fall In 2014 Call on Its Crude   Strong non-OPEC supply growth means demand for OPEC crude will actually contract by around 250,000 b/d next year despite world oil demand growth rebounding to its highest growth rate in four years, the producer group says in...

    Volume: 56
    Issue: 28
    Published at Fri, 12 Jul 2013