Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »India will Continue Iran Oil Purchases despite US Sanctions
India is weighing developing an alternative payment system to purchase Iranian crude oil.
Read More »Saudi Aramco Plans to Lead Global Non-Metallic Materials Sector
Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »Total. Aramco to Start Jubail Petrochem Engineering Works
The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.
Read More »Azerbaijan Expects another Loan for Southern Gas Corridor
The Southern Gas Corridor is one of the priority projects for the EU.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Novak: U.S. Tweets Cause Market Confusion
The emotional flashes. comments. tweets. which are coming from the U.S. leadership - they are bringing confusion to the market.
Read More »