Now Available: Saudi Arabia Oil & Gas Report Q2 2014
We expect Saudi crude production to remain elevated but decline in 2014 and 2015. This view is based on rising non-OPEC supplies, assumed growth in Iraqi production and the potential of higher volumes from Iran. However, major disruptions to supplies from key producers such as Libya, and expectations for a recovery in global demand for crude, are likely to keep production elevated, posing upside risks to our forecasts. Major downstream additions are to continue into 2014 while Aramco is planning...
View full press release