India has expressed ``discomfort`` with the high oil prices.
Read More »Expensive Energy Threatens Global Economic Growth
Brent Crude prices have been holding above $80 a barrel.
Read More »Nord Stream 2 Shows Lacks of EU Solidarity
The pipeline would threaten the energy security of Central and Eastern Europe.
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
Read More »Saudi Aramco Plans to Lead Global Non-Metallic Materials Sector
Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »Total. Aramco to Start Jubail Petrochem Engineering Works
The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Novak: U.S. Tweets Cause Market Confusion
The emotional flashes. comments. tweets. which are coming from the U.S. leadership - they are bringing confusion to the market.
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