The fiscal deficit continues to narrow in Saudi Arabia.
Read More »Oil will Fall To $40 If OPEC Fails to Reach Deal
Iran will not take part in any cuts while there are U.S. sanctions on its oil.
Read More »OPEC+ to Continue Talks on 2019 Oil Production
Russia would eventually agree to cut its oil production.
Read More »Iran-EU Trade Mechanism will Cover Oil Sales
The mechanism is part of the EU’s efforts to encourage Iran to remain in the nuclear deal.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »Maduro Defends Venezuela`s Right to Export Gold
Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »All Producers must be on Board in Adjusting Oil Output
Oil ministers from the Organization of the Petroleum Exporting Countries meet on Thursday in Vienna.
Read More »OPEC Respects Qatar’s Decision to Withdraw
OPEC said it remains fully committed to achieving and sustaining balance and stability in the market.
Read More »Qatar will Leave OPEC in 2019
The emirate will no longer remain committed to OPEC agreements.
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