Tag Archives: Market

Trump’s support is the key to the political fortunes of MBS.

Russia has for years been cooperating with OPEC. helping to engineer a rebound after a 2014 oil price slump.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

The production decline is the first since the beginning of this year.

Russia and Bulgaria have been negotiating on the pipeline'.s route for some time.

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

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.

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

China has seen an explosive growth of natural gas consumption over the years.