Tag Archives: International News Agency

A slowdown in oil demand growth is compounding the emerging oversupply.

Europe needs an extended timeframe to implement its strategies for preserving Iran’s benefits from the 2015 nuclear deal.

A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.

The increase in trade with Turkey and efforts to boost ties with Iraq form part of Qatar’s strategy to diversify its trading partners.

Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.

Pakistan will do all it can to complete part of the pipeline that passes from Pakistani territory.

OPEC and other major producers are considering coordinated output restrictions to stem a further drop in prices.

Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.

Crude reserves increased 6.4 billion barrels. or 19.5 percent. to 39.2 billion barrels at year-end 2017.

Libya’s oil exports to China in 2017 totaled $1.7 billion.