OPEC in recent months has been wracked with internal disputes.
Read More »Iran`s Exports to Africa Rise by 17%
The value of exports to African nations stood at about $752 million last year.
Read More »Oil Prices Rise by 1% after Saudi Announces Cut in Supply
The rig count is an indicator that U.S. crude production will increase further.
Read More »Aramco Mulls Cooperation with Russian Energy Firms
Amin Nasser held talks with heads of Russian oil giants. Rosneft and Gazprom. in Moscow on Friday to discuss cooperation.
Read More »December. A Hot Month for OPEC
Oil prices at $70 or above is never the best choice for the consumers and Russia is in that camp.
Read More »OPEC+ Countries Performed Vienna Agreement by 104% in October
The Technical Committee held the meeting on the verge of the Joint Ministerial Monitoring Committee meeting in Abu Dhabi this Sunday.
Read More »Adnoc Signs 10-Year Contract for LPG Supply with China
The agreement is in line with recent trends towards locking in longer-term supply of products in Asia.
Read More »Iran. Saudi Arabia Agree on Coordination Ahead of OPEC Meet
A possibility of oil production cut in 2019 looms large as OPEC and its allies are expected to meet in Abu Dhabi.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Saudi Arabia Discussing Proposal to Cut Oil Output by up to 1 mn bpd by OPEC and Allies
The United States this month imposed sanctions curtailing Iran'.s oil exports.
Read More »