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Saudi Arabia’s National Petroleum Corporation (Aramco) recently issued an annual report stating that in 2015, Saudi Arabia’s crude oil exports to Asian countries accounted for 65% of its total exports.
These countries mainly include China, Japan, South Korea, the Philippines, and India
.
The report said that despite the increase in U.
S.
oil production, including shale oil, the U.
S.
still imported 1 million barrels of crude oil per day from Saudi Arabia in 2015
.
The report also said that in 2015, Saudi Arabia produced 10.
2 million barrels of crude oil per day, a record high, of which 7.
1 million barrels were used for export, up from 6.
8 million barrels in 2014
.
In 2015, Saudi Arabia newly discovered three large oil fields and two natural gas fields, keeping the proven crude oil reserves at 261.
1 billion barrels and increasing the natural gas reserves to a record 297 trillion cubic feet
.
Saudi Energy Minister and Chairman of Aramco Falih said in an interview with the media a few days ago that despite the sharp drop in oil prices, Saudi Arabia, the world’s largest oil producer, still does not plan to freeze its own production to support oil prices, because this will allow Saudi Arabia to support oil prices.
Lose the market share that other oil-producing countries are fighting for
.
Falih also said that although the oil industry is currently at a trough, Saudi Arabia continues to invest in this area, because sooner or later international demand will resume
.
Amin Nasser, President and CEO of Aramco, recently predicted that oil prices will begin to rise at the end of this year or early next year
.
In trading on the 26th, the London Brent crude oil futures price rose to 50.
22 US dollars per barrel for the first time this year, exceeding 50 US dollars per barrel for the first time this year.
However, it has fallen back to around 49 US dollars per barrel in recent days
.
These countries mainly include China, Japan, South Korea, the Philippines, and India
.
The report said that despite the increase in U.
S.
oil production, including shale oil, the U.
S.
still imported 1 million barrels of crude oil per day from Saudi Arabia in 2015
.
The report also said that in 2015, Saudi Arabia produced 10.
2 million barrels of crude oil per day, a record high, of which 7.
1 million barrels were used for export, up from 6.
8 million barrels in 2014
.
In 2015, Saudi Arabia newly discovered three large oil fields and two natural gas fields, keeping the proven crude oil reserves at 261.
1 billion barrels and increasing the natural gas reserves to a record 297 trillion cubic feet
.
Saudi Energy Minister and Chairman of Aramco Falih said in an interview with the media a few days ago that despite the sharp drop in oil prices, Saudi Arabia, the world’s largest oil producer, still does not plan to freeze its own production to support oil prices, because this will allow Saudi Arabia to support oil prices.
Lose the market share that other oil-producing countries are fighting for
.
Falih also said that although the oil industry is currently at a trough, Saudi Arabia continues to invest in this area, because sooner or later international demand will resume
.
Amin Nasser, President and CEO of Aramco, recently predicted that oil prices will begin to rise at the end of this year or early next year
.
In trading on the 26th, the London Brent crude oil futures price rose to 50.
22 US dollars per barrel for the first time this year, exceeding 50 US dollars per barrel for the first time this year.
However, it has fallen back to around 49 US dollars per barrel in recent days
.
