The focus has been on gas that has begun flowing from Egypt’s Zohr gas field. the largest in the Mediterranean.
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
Read More »Iran Increases Oil Export to Japan
Iran met seven percent of Japan'.s oil demand in 2016.
Read More »IMF Predicts Saudi Arabia Growth Outlook
The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »Russia. Saudi Arabia Clash Ahead of OPEC Meeting
Saudis want production cuts extended through 2018. while Moscow wants flexibility.
Read More »Putin Could be about to Send the Oil Markets into a Tailspin
Oil markets are already showing jitters over the OPEC meeting this week.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
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 »Japan Oil Imports from Iran Increase
Iran was Japan'.s fifth oil supplier after Saudi Arabia. the UAE. Kuwait and Qatar. with a share of 6.8 percent in September 2017.
Read More »Saudi Arabia Needs Oil to Trade at US$70 a Barrel in 2018 to Break Even
Oil will trade at $50 to $60 a barrel for the ``medium term.`` the IMF said.
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