Asian oil markets Archives - Middle East Observer

July 31, 2021

Saudi Arabia increases crude output to cover market demand

August 10, 2016 Ahmed Rashed

Saudi Arabia said it pumped 10.67 million barrels of oil per day (bpd) in July, its biggest monthly output. Saudi oil production usually peaks in the summer, and it’s a sign it won’t curb output [ More … ]

Saudi Arabia Decreases Asian Oil Prices to Counter Rivals Exports

August 5, 2016 Ahmed Rashed

Under pressure from Russian, Iraqi and Iranian oil exports, Saudi Arabia discounted its crude last weekend to maintain its share of big Asian markets. The price cut, which applies to September purchases, comes after two [ More … ]

Asian oil markets

Saudi Arabia increases crude output to cover market demand

Saudi Arabia Decreases Asian Oil Prices to Counter Rivals Exports

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