the mystery of saudis spare oil production line capacity – middle in Congo

Saudi Arabia's government on Tuesday ordered state oil company Saudi Aramco to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels per day, 1

Further, we believe that most of the Saudi spare capacity is heavy crude oil and as this spare capacity is brought back online, heavylight spreads widen.

Mark Finley explains the cost-benefit analysis behind the Saudi government's recent move to pause plans to increase spare oil production capacity — and why spare

The OPEC+ alliance is preparing to roll back production cuts. Saudi Arabia’s true spare oil production capacity remains a mystery. Analysts say that Saudi Arabia is unlikely to tap much into its

Saudi Arabia, the largest oil producer within OPEC and the world's largest oil exporter, historically has had the greatest spare capacity. Saudi Arabia has usually kept more

Saudi Arabia, the world's energy powerhouse, moved again last week to reassure oil consumers that it would tap its vast spare capacity to make up for any supply shortfall as Libya's production

Saudi Arabia used spare capacity to pump in a short price war with Russia in 2025 for market share. The kingdom temporarily increased production to 12 million bpd, and also

The level of spare capacity or the perception of how much is available can influence world oil prices.

Uncertainty about the Saudi potential to employ spare capacity in the case of a collapse in Venezuelan production is probably exaggerated.

The Organisation of Petroleum Exporting Countries (OPEC) plays a key role in determining oil prices worldwide by actively overseeing oil

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward capacity.

This chart shows crude oil production, maximum production and monthly OPEC production quotas for Saudi Arabia.

For Saudi Arabia, the production decision is complicated by its leadership within OPEC and the OPEC+ alliance, in which it is carrying the

Overview We have published our estimates of OPEC production capacity and surplus capacity every month since 2002 in our Short-Term Energy Outlook (STEO). This data series is a

Crude oil accounts for most of the total liquid fuels production in Congo Brazzaville; the country produces very small volumes of lease condensate and natural gas liquids. Congo

As pressure continues to mount on Iranian exports and more outages crop up around the world, the question of spare capacity specifically

Republic of Congo: New Projects and New Production. The Republic of Congo is fourth largest Sub-Saharan producer of oil,with an output

LONDON, Jan 30 (Reuters) Saudi Arabia's government on Tuesday ordered state oil company Saudi Aramco to halt its oil expansion plan and to target a maximum sustained production

The UAE and Saudi Arabia are actually the only two oil producers believed to have sufficient spare oil production capacity, but they are unwilling

Saudi Arabia has been living a big lie vis-à-vis its claims about its proven oil reserves, production capacity and spare production capacity. The Saudis sold their figures to