Oil Market Report February 2023 Analysis IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade’s export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result,
Oil Market Report - February 2023 ?Analysis - IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result, Russia fiscal revenues from oil operations plunged 48% y-o-y in January to 310 billion roubles (or $4.2 bn), while export revenues dropped 36% to $13 billion.
Algeria Crude Oil: Production, 2002 2023 CEIC Data
Algeria Crude Oil: Production was reported at 1,013.000 Barrel/Day th in Mar 2023. This records a decrease from the previous number of 1,017.000 Barrel/Day th
Where on Earth is big oil spending its $150bn profit bonanza?
All told, those five supermajors raked in around $150bn in profits last year and could make as much again in 2023. A slug of this bounty will flow to shareholders; in January ExxonMobil said it...
Higher oil prices reinforce Gulf’s economic growth in 2023 UBS
The growth momentum has further accelerated since the beginning of 2022 due to higher oil production within the framework of the OPEC+ alliance
Oil Market Report - March 2023 ?Analysis - IEA
We expect 2023 runs to average 82.1 mbd, up 1.8 mbd y-o-y. Russian oil exports fell by 500 kb/d to 7.5 mb/d in February as the EU embargo on refined oil products came into force. Shipments to the EU fell by 800 kb/d to 600 kb/d, compared with more than 4 mb/d at the start of 2022.
Saudi Arabia, UAE and allies announce surprise oil
Reuters. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait, Oman and Algeria will implement voluntary oil production cuts exceeding more than one million
Algeria - Oil and Gas - Hydrocarbons - International Trade Administration
Last published date: 2023-01-31 Overview In terms of market size, Algeria has the tenth-largest proven natural gas reserves globally, is the world fourth-largest gas exporter, and has the world third-largest untapped shale gas resources. It also ranks sixteenth in proven oil reserves and exports roughly sixty percent of its total production.
Algeria Crude Oil Production April 2023 Data 2000-2022
Crude Oil Production in Algeria decreased to 999 BBL/D/1K in April from 1008 BBL/D/1K in March of 2023. Crude Oil Production in Algeria averaged 1140.43 BBL/D/1K from
Saudi Arabia, UAE and allies announce surprise oil production cuts
Oman has decided to reduce crude oil production by 40,000 bpd. Goldman Sachs recently reduced its oil price forecasts for 2023, citing growing crude supplies and lower demand. The investment bank now expects Brent to trade at $94 a barrel in the coming 12 months and at $97 in the second half of 2024.
