Tag Archives: Gulf Times

Some of the world’s largest oil producers are starting to see evidence of a rebound in demand from China, even as other economies around the world remain hobbled by the coronavirus. While it’s still early days into the Chinese recovery, limited initial sales data was encouraging, Irving, Texas-based Exxon Mobil …

Qatar managed to maintain its position as the largest liquefied natural gas exporter in the world (at 77.8mn tonnes) in 2019, International Gas Union (IGU) said in its “2020 World LNG Report”. Global LNG trade increased further in 2019, reaching 354.73mn tonnes, an increase of 40.93mn tonnes since the end …

Qatar’s economic policy is built on a robust system, and a stimulus scheme of $20.6bn (QR75bn) over the coming three years is expected to “absorb the shock of what is happening worldwide,” said HE Dr Mohamed bin Saleh al-Sada, former Minister of Energy and Industry. He was speaking at an …

Saudi Arabia is pricing the crisis, but going back to the negotiations table may be difficult. The global crude supplies are entering the market at a time when global demand for crude has contracted for the first time in 10 years. By entering into a fierce oil war, Saudi Arabia …