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Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.
Read More »Oil Market Release from Impact of US-China Trade Dispute
2019. Challenging Year for OPEC
OPEC may be able to succeed in reducing production by the announced target.
Read More »Iraq Mulls Expanding Oil Production and Exports for 2019
Iraq’s crude production jumped as much as 6% in 2018.
Read More »UAE. the New Swing Producer in the Middle East
The UAE pumped 3.175 million bpd in October and boosted further its output in November by 71.000 bpd to 3.246 million bpd.
Read More »Saudi Arabia Hopes Oil Cut Likely to Boost Market Stability
OPEC and its allies agreed to reduce oil production by 1.2 million barrels per day (bpd) for the first six months of 2019.
Read More »Saudi Arabia. OPEC + will Go for Oil Production Cut in Vienna Meeting
The fiscal deficit continues to narrow in Saudi Arabia.
Read More »Iran Finalize Oil-for-Goods Deal with South Korea
Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.
Read More »Turkey. Russia Multiple Cooperation
Once the project is finalized. TurkStream will carry natural gas from Russia to Europe via Turkey. bypassing Ukraine.
Read More »Arab Energy Ministers Meet in Cairo
The meeting discussed the developments of the Arab Common Market for electricity.
Read More »Russian Energy Minister Plans to Sign OPEC Partnership Deal
Russian Energy Minister Plans to Sign OPEC Partnership Deal.
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