Tag Archives: Market

TurkStream is one of the vital energy projects for Turkey to become an energy trading hub.

Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.

OPEC reportedly considered announcing a cut of 1.4 million bpd.

Oil prices have plunged by around 30 per cent since their last peaks in early October.

Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.

The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.

The meeting discussed the developments of the Arab Common Market for electricity.

Turkish Stream will have two lines. each able to carry up to 15.75 billion cubic meters.

The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.

OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.