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OPEC ministers attending the Moscow event said they were considering extending the deal or making a deeper cut.

Moscow expects oil refining to go up to 284 mln tones and gasoline demand to rise 1% in 2017.

Over the 8 months of the agreement in force. surplus of global oil reserves decreased by 168 mln barrels and now stocks exceed the five-year standard by only 170 mln barrels.

In this context. the IPO of Aramco becomes even more essential for Prince Mohammed’s diversification plans.

Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.

Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.

The Asia-Pacific Natural Gas Vehicles Association (ANGVA) was established in 2002 and is a trade association for the natural gas vehicles industry in the Asia Pacific region.

Under the directive. Schroeder was nominated as a candidate for Chairman of the Board of directors of Rosneft.

The Russian Energy Week is scheduled for October 4-7.

The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.