Tag Archives: Asia

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

.The oil layer is projected to hold heavy crude with an API gravity of 8-16

.The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF

Moscow hopes the tensions between the new White House administration. Iran and China will not result in any serious international showdown

Iraq has been the main cause of worry for energy investors ever since OPEC agreed to cut its production in November last year

.The JCPOA helped certain foreign investors enter Iranian stock exchange market so easily

Trump said during the presidential campaign that he wants to “tear up” or renegotiate the terms of the deal he called a disaster

we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level

.This is a win-win deal and to the benefit of everyone and the region

.At the present time. America’s oil production has soared to nine million barrels per day