The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .
Read More »Russia Needs to Cooperate with OPEC
Soaring U.S. production is a ``risk`` to the Russian companies’ plans to keep their market share.
Read More »Lack of Offshore Investment will Impact Future Oil Supply
Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
Read More »CERAWeek Gathering Seen Rich in Platitudes
Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »Saudi Oil Min. Hopes OPEC. Allies Can Ease Output Curbs In 2019
Last year. Saudi Arabia pledged billions of dollars of investments in projects in Indonesia and Malaysia.
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
Read More »Saudi Arabia Believes Producers should Keep Cutting for the Whole Year
The Saudis are seeking a bridge price. to get you where you’re comfortable with deeper reform.
Read More »Iran Increase Freight Discount to Boost Oil Sales to India
The freight discount offered by Iran will translate to a discount of up to $1 a barrel. one of the sources told Reuters.
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
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