In recent months. the Saudis increased production by more than 1 million barrels per day.
Read More »No Barrier to Record Russian Oil Output in 2018
The country expects its total oil output to hold steady over the full year.
Read More »Nord Stream 2 will be Operational by January 2020
The Nord Stream 2 gas pipeline is intended to span the Baltic Sea. connecting suppliers in Russia to consumers in Europe.
Read More »Saudi Aramco Purchase of Dutch Rubber Company Completed
The two chemical compounds are used largely in the manufacture of synthetic rubber.
Read More »Qatar`s Exit from OPEC Unlikely to have Impact on Oil Markets
Brent is set to enter 2019 below $54 per barrel and is expected to trend lower amid surging US supply.
Read More »UAE Energy Minister Optimistic about Energy Market Balance
UAE remains optimistic about achieving a market balance during the first quarter of 2019.
Read More »U.S.-China Trade Progress Boosts Futures at End of Turbulent Year
The Nasdaq. after rising for six years in a row. has fallen 4.62 percent this year.
Read More »Venezuela to Promote Fair Oil Prices in OPEC by 2019
Venezuela continues its call to promote in OPEC fair prices in 2019.
Read More »Kuwait Promises Commitment to OPEC Cuts
The oil market is in a better place today than it was a few years ago.
Read More »Turkey Imports about 6 Billion m3 of Natural Gas from Azerbaijan
Turkey'.s energy security is dependent on foreign energy resources.
Read More »