-
Is the Middle East on the brink of an oil war?
04 Oct 2024 17:39 GMT
… Hitting refineries rather than oilfields or export terminals might … Saudi Arabia‘s Khurais and Abqaiq oil facilities, which temporarily … which one in five barrels of global crude consumption … longer tolerate costly new drilling campaigns.
Recommended from …
-
Oil and turmoil: History shows the high cost of conflict in West Asia
03 Oct 2024 07:47 GMT
… loss of control over key oil fields.
Saudi Arabia
Saudi Arabia is … Abqaiq and Khurais, which temporarily halved the country’s oil production from … approximately 100 billion barrels of proven oil reserves.
Conflicts impacting oil infrastructure: The …
-
What Next For Israel, The Middle East, And Oil Prices?
30 Sep 2024 22:02 GMT
… EU’s Joint Natural Gas Purchases Scheme Fails to Gain … oil had risen around 267 percent, from about US$3 per barrel … launched attacks on major oil fields and/or refineries … against the Abqaiq oil processing facility and Khurais oil field -- Saudi Arabia …
-
Escalations in Violence From Iran’s Proxies Threaten Huge Oil Price Spike
26 Aug 2024 19:48 GMT
… global oil market order, prices over US$75-80 per barrel significantly … US$10 per barrel change in the crude oil price results in … 2019 against the Abqaiq oil processing facility and Khurais oil field - Saudi Arabia …
-
Fear Mounts On Possible Oil Price Escalation On Middle East Conflict
06 Aug 2024 12:42 GMT
… the Abqaiq oil processing facility and Khurais oil field Saudi Arabia’s oil production was … to oil production by OPEC members over the period.
Gas prices … from about US$3 per barrel (pb) to nearly US$11 … US$10 per barrel change in the crude oil price results …
-
How Conflict in the Middle East Could Send Oil Prices Soaring
05 Aug 2024 14:24 GMT
… against the Abqaiq oil processing facility and Khurais oil field - Saudi Arabia … ’s oil production was … to oil production by OPEC members over the period. Gas … $10 per barrel change in the crude oil price results …
-
Iran's strikes on Israel illustrate its military strengths and weaknesses
03 Oct 2024 09:06 GMT
… and cruise missiles damaged the Khurais oil site and the gigantic Abqaiq …
-
Saudi Arabia eyes a future beyond oil
14 Jun 2024 09:49 GMT
… Spanish energy company.
An oil facility in Khurais, Saudi Arabia. The … years of oil field data, to increase the efficiency of drilling and … sharply pare back oil production to 9 million barrels a day, … of the world’s largest fields and careful stewardship, they …
-
What’s The Next Move In The Israel-Iran Standoff And What Will Oil Do?
23 Apr 2024 00:06 GMT
… per barrel change in the price of crude oil results … benefit as a big oil and gas producer. According to the … against the Abqaiq oil processing facility and Khurais oil field - Saudi Arabia … ’s oil production was …
-
Houthis threaten Saudi Arabia's oil installations for 'supporting US aggression'
26 Mar 2024 12:26 GMT
… , targeted Saudi Arabian oil tankers transiting through the … stations associated with the Khurais oil field.
The attacks temporarily halved … Aramco's oil installations including Khurais are monitored by … targeted a Chinese-owned oil tanker, causing …