OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »After Venezuela’s Default on Debt. These 7 Nations are the most Riskiest and One Is India’s Neighbor
Lebanon. Egypt. Pakistan and Bahrain — haven’t recorded a default event since their independence.
Read More »Russia will Never Break Its Dependence on Oil
Economics says the reason for the GDP growth deceleration was a slowdown in the growth of the industrial production sector.
Read More »Saudi Aramco’s IPO Just Lost World’s Largest Equity Investor
The company has hired JPMorgan Chase &. Co.. Morgan Stanley. HSBC Holdings Plc. Moelis &. Co. and Evercore Inc. to advise on the IPO.
Read More »Adipec 2017: China to Become 2nd Largest LNG Importer ‘Within a Year or Two’
The International Gas Union’s 2017 World LNG Report says Japan is the top importer of LNG. followed by South Korea. with China in third place.
Read More »Asian Buyers Drive Growth for Global LNG Trade. but Demand a Better Deal from Suppliers
ADIPEC is being held at Abu Dhabi National Exhibition Centre from 13 to 16 November 2017.
Read More »Russian PM: New US Sanctions against Moscow will Derail Ties for Decades
Russia'.s Prime Minister is sure that the main aim of the anti-Russian US sanctions is to increse American LNG deliveries to Europe.
Read More »Global Oil Demand to Withstand Rise of Electric Vehicles: IEA
The IEA estimates that U.S. crude oil is expected to rise until reaching a peak in the 2020s of about 17 million bpd.
Read More »A World in Transformation: World Energy Outlook 2017
WEO-2017 finds it is too early to write the obituary of oil.
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