EIA: Saudi Arabia Has Been Exporting More Crude Oil to China, Less to the United States
From the EIA
Saudi Arabia’s crude oil production approached a four-year low in May 2019, averaging an estimated 9.9 million barrels per day (b/d), more than 1 million b/d lower than its all-time high in November 2018. Production in Saudi …
We’re Still Importing Crude Oil from OPEC. Why?
An end of the year reflection on oil prices, global demand and OPEC by Greg Barnett
It’s Thursday morning, December 31, 2015.
I’m not going to sugar coat it – it’s been a tough year. There have been family deaths, …