Iran’s non-oil exports over the last fiscal year (started March 20) valued at $43.93 billion. The figure for the first half of the current year was $20.5 billion.
Read More »Blockade Has No Impact on Qatar Gas Exports: IMF
The IMF document noted the natural gas price index—an average for Europe. Japan. and the United States—decreased by 9.6 percent from February to August 2017.
Read More »Iraq’s Economic Activity Reduced in 2017 Due to Decline in Oil Production
The IMF noted that the medium-term growth prospects for Iraq are positive.
Read More »Pakistan to Restart Refinery Damaged in Fire 2 Years Ago
Pakistan’s oil demand jumped by 13 percent between July 2016 and February 2017.
Read More »Iran`s Deal with Russia Bypasses US Dollar Through Bartering
The biggest obstacle to Iran reintegrating into the global financial system is the remaining US sanctions.
Read More »Saudi Arabia: We Could Live with $40 Oil in 2020
Saudi Arabia still loses sleep over the price of oil. Not for much longer.
Read More »UAE A Model for New Oil Market Realities
Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.
Read More »Economy Min. in China for ‘New Silk Road’ Summit
The Belt and Road Initiative promotes a vision of expanding links between Asia. Africa and Europe underpinned by billions of dollars in infrastructure investment.
Read More »Next OPEC Meet Crucial for Oil Market Stability
Growth in Saudi Arabia. the region’s largest economy. is expected to slow to 0.4% this year.
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