1. Saudi Oil Sector Creaking Amid Heavy Opec Cuts And Summer Demand

    ...06 to 2016” (MEES, 30 November 2018). Volumes are on track to increase some 34% to more than 1.5mn b/d over the course of the year and MEES estimates that the kingdom shipped more than 1.6mn b/d to China last month. Meanwhile the US, which was the largest importer of Saudi crude as recently as 2014...

    Volume: 62
    Issue: 34
    Published at Fri, 23 Aug 2019
  2. Algeria: More Output Declines, More Protests

    ...ficit for the first half of the year brings the total deficits racked up since the 2014 oil price crash to a whopping $53.1bn. Highlighting just how dependent Algeria is on its energy sector is the fact that the 6.6% year-on-year fall in export revenues in the first half was exactly the same as the fall in...

    Volume: 62
    Issue: 34
    Published at Fri, 23 Aug 2019