Qatar Petroleum on Expansion Track

[Marina Schwarz + 1,576]

"QP, which produces 4.8 million barrels of oil equivalent per day (boed), aims to boost its output to 6.5 million boed in the next 8 years, and is expanding its upstream business abroad, particularly in the United States, CEO Saad Al-Kaabi told Reuters."

Now that's a blockade that worked well.

[TraderTate + 186]

I know! Saudis are reeling right now, no doubt. Especially after that bond sale in which investors flocked to Qatar. Clearly not working ... but there was another thread on here about this--Saudi next moves