Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.
Read More »Saudi Arabia is Committed to Meeting India’s Oil Demand in Case of Shortfall
Saudi Arabia is India’s second largest oil supplier after Iraq.
Read More »India Oil Demand to Rise by 5.8 Million bpd by 2040
Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.
Read More »Clean Energy Installations could Provide 1TW more Power by 2023
Renewable growth will be largely driven by China. which is predicted to be responsible for 41% of expansion.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Missing Saudi Journalist Is Creating Major Worries around the Oil Market
The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »Saudi Oil Output Rise will Meet India`s Demand
Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »China. Top Natural Gas Importer in 2018
Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »Asian Spot LNG Prices Fall as November Cargoes Offloaded
Spot Asian LNG spiked last month in anticipation of winter demand after a hot summer depleted stockpiles.
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