Saudis should stabilize production at 10 million bpd

According to the Saudi industry sources, the supply of oil in the country should remain stable at 10 million barrels per day over the next months 2017. Saudi Arabia believes it is more important to focus on offer than in production. This is because the supply aggregates the raw product supplied to the domestic and foreign market, from production wells and inventories.

The offer of 10 million is in line with the quota that the Saudis have made with the Organization of Petroleum Exporting Countries (OPEC). According to source told Reuters in May and April production may be lower than the supply.

Keep yourself informed about everything that happens in the oil and gas market. Follow the Panorama Offshore and get quality information and news on oil, gas, energy, pre-salt, fuel, gasoline, Petrobras and offshore. Remember: Your business goes through here. Check out: www.panoramaoffshore.com.br www.facebook.com/panoramaoffshore

ACESSE AS REDES DA PANORAMA OFFSHORE:

3 thoughts on “Saudis should stabilize production at 10 million bpd

Leave a Reply