Monday, July 13, 2015

Saudi Arabia has set a new record for oil – RBC

Oil refinery in Saudi Arabia

Photo: AP

Oilers Saudi Arabia set a new record in terms of oil production, writes The Financial Times. In June 2015 they produced daily by 10,564,000 barrels. per day, according to the report by OPEC. Thus, in June, Saudi Arabia, more than 200 th. Barrels. It surpassed the record figure achieved the previous month. Then the daily oil production Riyadh iyadom P was 10.33 million barrels.

Earlier, the executive director of the state oil company Saudi Aramco, Ahmed al-Subey declared its readiness to increase oil production, following the increase in demand for oil.

«We have a lot of oil. You will not see any decrease in production from Saudi Arabia. We will follow the requests. If the market needs more [oil], we will provide, “- said al-Subey.

In a new report, OPEC forecast for oil demand in 2015 increased compared to the previous version of the document for 100 th. Barrels. in a day. Compared with the year 2014 the average daily demand is forecast to grow by 1.28 million barrels., Or 1.4% – from 91.32 to 92.61 million bbl. In 2016, global oil demand could grow by 1.34 million barrels of oil. per day.

At the same time Saudi Arabia increasing oil production and some other OPEC countries. According to the cartel in June 2015 production volumes increased in Iraq and Nigeria, while in Libya, Iran and Algeria began to extract oil somewhat less.

The average price for oil from OPEC in June 2015 the year dropped to $ 60.21 per barrel, or $ 1.95 per barrel. lower than a month earlier.

According to the Ministry of Energy of Russia, in Russia in June 2015 it was produced 43 th. 824 tons of oil and gas condensate, which corresponds to about 10,926,000 barrels. in a day. This is 1.4% more than in June 2014, and is almost identical to the result of May 2015.

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