In global politics. as in business. there are no ``friends`` and there is no ``bromance.
Read More »Russia-OPEC Production Cut Helps Oil Market Rebalance
The existing cuts have been extended till the end of 2018.
Read More »IMF Predicts Saudi Arabia Growth Outlook
The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »Official Lauds Gov`t Achievements in Energy Sector
The official urged the use of all the country'.s capacities. in particular the private sector.
Read More »Iraq: Oil Market is Stabilizing
Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »IEA Displays Reasons for Slowdown in 2018 Oil Demand Growth
IEA analysts believe that steady OPEC production must be treated with caution.
Read More »US Tries to strengthen its presence in Central Asia
Kazakhstan. US conclude a number of commercial contracts. including in the oil and gas sector.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
Read More »UAE Is Considering to Remove Energy Subsidies
Ministry wants to remove all forms of subsidies in gas and electricity to reflect real price.
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