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Saudi Arabia Archive
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![The world has returned to business as usual after the Saudis assured oil markets that production will be back soon and as oil prices have returned to pre-attack levels and […]](https://crudeoilpeak.info/wp-content/uploads/World_oil_production_ME_top_1965-2018-115x115.jpg "Uncertainties following the Abqaiq attack have shrunk the world’s safe oil reserves by around half (part 1)")
Uncertainties following the Abqaiq attack have shrunk the world’s safe oil reserves by around half (part 1)
Posted on October 16, 2019 | No CommentsThe world has returned to business as usual after the Saudis assured oil markets that production will be back soon and as oil prices have returned to pre-attack levels and […] -
![Fig 1: The attackers hit at Fajr prayer time https://www.youtube.com/watch?v=sw_IwRPUZOQ When the late Houston based investment banker Matt Simmons wrote his 2005 book “Twilight in the desert, the coming Saudi […]](https://crudeoilpeak.info/wp-content/uploads/Abqaiq-attack-prayer-time-115x115.jpg "The Attacks on Abqaiq and Peak oil in Ghawar")
The Attacks on Abqaiq and Peak oil in Ghawar
Posted on October 1, 2019 | No CommentsFig 1: The attackers hit at Fajr prayer time https://www.youtube.com/watch?v=sw_IwRPUZOQ When the late Houston based investment banker Matt Simmons wrote his 2005 book “Twilight in the desert, the coming Saudi […] -
![Here 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 […]](https://crudeoilpeak.info/wp-content/uploads/Trump_tweet_Saudi_pump_more_30Jun2018-115x115.jpg "Saudi Arabia was supposed to pump almost 14 mb/d in 2018")
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 […] -
![In this second part we look at OPEC production cuts for January 2017 in the context of historical production using JODI data. OPEC is very fond of JODI, the Joint […]](https://crudeoilpeak.info/wp-content/uploads/OPEC-10_crude_production_2002-Sep2016-115x115.jpg "OPEC’s 2017 production cuts: a confusing numbers game (part 2)")
OPEC’s 2017 production cuts: a confusing numbers game (part 2)
Posted on December 9, 2016 | No CommentsIn this second part we look at OPEC production cuts for January 2017 in the context of historical production using JODI data. OPEC is very fond of JODI, the Joint […] -
![The 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 […]](https://crudeoilpeak.info/wp-content/uploads/2015/10/Saudi_Arabia_fiscal-break-even_oil-prices_2011-2020_IMF-Sep2015-115x115.jpg "Saudi Arabia’s fiscal break-even oil price to be around $US 100 mark for the foreseeable future")
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 […] -
![Currently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are […]](https://crudeoilpeak.info/wp-content/uploads/2014/12/Incremental_crude_world_US_shale_oil_Canada_tar_sands_on_top_2001_Aug2014-115x115.jpg "World on drip of unconventional oil")
World on drip of unconventional oil
Posted on December 11, 2014 | No CommentsCurrently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are […] -
![One would think that an increase of oil related taxes would be used to reduce oil dependency and fund public transport infrastructure, especially as the Iraq war has entered yet […]](https://crudeoilpeak.info/wp-content/uploads/2014/10/Fuel_excise_19bn_10years-115x115.jpg "Team Australia to pay billions for new oil-vulnerable infrastructure")
Team Australia to pay billions for new oil-vulnerable infrastructure
Posted on October 29, 2014 | No CommentsOne would think that an increase of oil related taxes would be used to reduce oil dependency and fund public transport infrastructure, especially as the Iraq war has entered yet […] -
![Massive minesweeping exercise begins off Bahrain 21/9/2012 Reporting from the Persian Gulf and the Arabian Sea (CNN) — More than three dozen nations have converged on the seas around Bahrain […]](https://crudeoilpeak.info/wp-content/uploads/2012/09/Map_mine_sweeping_exercise-115x115.jpg "Minesweeping exercise near Saudi oil hub")
Minesweeping exercise near Saudi oil hub
Posted on September 24, 2012 | No CommentsMassive minesweeping exercise begins off Bahrain 21/9/2012 Reporting from the Persian Gulf and the Arabian Sea (CNN) — More than three dozen nations have converged on the seas around Bahrain […] -
![A meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/OPEC_meeting_8_6_2011_break_down-115x115.jpg "A disunited OPEC can’t control upward trend of oil prices")
A disunited OPEC can’t control upward trend of oil prices
Posted on June 9, 2011 | No CommentsA meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […] -
![Saudi Arabia’s crude oil production will not increase beyond an average level of 8.7 mb/d (average last 20 years: 8.3 mb/d) until 2015. This is what OPEC Governor Majed al […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/3moneef_s-115x115.jpg "OPEC report: Saudi oil exports to decline")
OPEC report: Saudi oil exports to decline
Posted on April 27, 2011 | No CommentsSaudi Arabia’s crude oil production will not increase beyond an average level of 8.7 mb/d (average last 20 years: 8.3 mb/d) until 2015. This is what OPEC Governor Majed al […]