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Saudi Arabia Archive
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Saudi Arabia was supposed to pump almost 14 mb/d in 2018
Posted on July 5, 2018 | No CommentsHere we go again. Another US President asks Saudi Arabia to pump more oil, despite the so-called US shale oil revolution. Fig 1: Is a tweet enough to make Saudi […] -
IEA: US$ 40 oil means 3 mb/d less tight oil by 2020
Posted on November 16, 2015 | No CommentsYou want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US […] -
Saudi Arabia’s fiscal break-even oil price to be around $US 100 mark for the foreseeable future
Posted on October 18, 2015 | No CommentsThe latest IMF Article IV consultation report on Saudi Arabia was published on 9 September 2015. http://www.imf.org/external/country/sau/ Extract: Government spending has increased substantially in recent years. Consequently, the breakeven oil […]