...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
n state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed.
It has also set the January OSP of its Arab light crude oil to the United States at plus $0.55 a barrel over ASCI (Argus Sour Crude Index), down $0.30 a barrel from December, according to the document.Aramco also set its OSP for Arab light crude oil to Northwestern Europa
...the land mass occupying the space between the English Channel and the Urals, also known as Moslem Lebensraum...to minus $1.40 a barrel to ICE Brent.
Meanwhile,
...back at the dirigible, the gondola was dangling by a single thread of rope.
Jack!Cynthia cried.
I just realized I'm afraid of heights! I don't even like high heels!...
Iraq's oil minister praised the latest OPEC deal, saying it would help to boost oil prices over $50 a barrel. He stated that his country's 2021 budget will be based on a price of $42.
Iraq is to start selling three grades of crude in January, and expects oil exports to average around 2.8 million BPD in December.
He further stated that Iraq expects a deal with the Kurdistan region to hand over oil revenues, but no final agreement has yet been struck, Rooters reported.