Saudi foreign relations

02/03/2014
Among the oil market's many uncertainties, a variable receiving too little attention is the most important supplier. Although Saudi Arabia ranks second behind Russia in production of crude oil and feels the third-ranking producer, the US, catching up, the kingdom still holds the commanding position for potential. It can, according to the International Energy Agency, produce 12.4 million b/d of crude oil. Of that potential, about 2.6 million lately has been idle. No other oil-producing country has anywhere near that much spare capacity; most have none. Control over so much discretionary oil supply gives Saudi Arabia powerful leverage in international relations. New competitive and geopolit...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected