Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »Vietnam’s Second Oil Refinery Start-Up Postponed Until 2018
The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.
Read More »India to Raise LPG Imports from Iran
India is expected to boost its LPG imports next year to 16-17 million tons.
Read More »MENA Markets Drop in Line with Oil Prices
MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.
Read More »OPEC Oil Price Drops by 1.3%
The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.
Read More »Kuwait Energy to Be OPEC State`s First London-Traded Company
The Persian Gulf nation of Kuwait is the fifth-largest producer in the Organization of Petroleum Exporting Countries.
Read More »Saudi Arabia May Cut June Light Crude Prices to Nine-Month Low
Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »Saudi Aramco will Boost Oil Loading Capacity with Reopened Terminal
The move will boost Aramco'.s ability to meet its commitments to customers and maintain its export capability from the kingdom'.s west coast.
Read More »Iran Becomes No.2 Oil Supplier to South Korea in First Quarter
Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.
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