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China and the U.S. would lead healthy global demand for oil this year.
Read More »No OPEC+ Output Policy Change until June
U.S.. China Driving Oil Demand
Production in U.S. hit a record of more than 12 million bpd in February.
Read More »Oil Prices are Good for Producers. Consumers
Consumer countries see that a price between $60-70 is a good price for everyone.
Read More »UAE in Compliance with OPEC and Non-OPEC Output Curbs
The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.
Read More »India Seeks Saudi Investments to Bolster Crude Reserves
India has already built 5.33 million tons of underground reserves in three locations.
Read More »OPEC Output Drops to Lowest Level Since March 2015
OPEC and its partners decided to extend its production cuts till the end of 2018 in Vienna on November 30.
Read More »Saudi Arabia Discovers Large Natural Gas Find in Red Sea
Saudi Aramco’s gas development programme is expected to attract as much as $150 billion in investment over the next decade.
Read More »Petrobras Plans to Cut $8.1 Billion in Operational Costs through 2023
The company also plans to sell some mature oil fields in Brazil. a small addition to its divestment program.
Read More »LNG Imports from the US to EU Continue to Rise by 181%
The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.
Read More »LNG Imports from the US to EU Continue to Rise by 181%
The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.
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