Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Al-Falih Urges Oil Producers to Extend Cooperation Beyond 2018
Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »Gazprom to Build Second Line of Turkish Stream Gas Pipeline
Both lines of the gas pipeline will be put into operation before 2019 year-end.
Read More »OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »OPEC Corrects Non-OPEC Production Estimates For 2018
Oil prices this month have not been so high in three years.
Read More »IEA: OPEC Compliance Level Stands at 129%
IEA analysts pointed out that the oil market is clearly tightening.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »IEA Displays Reasons for Slowdown in 2018 Oil Demand Growth
IEA analysts believe that steady OPEC production must be treated with caution.
Read More »Goldman Sachs: Crude Prices ‘Likely to Exceed’ Expectation
The market is currently experiencing Brent crude prices at around $70 a barrel. a price not seen since 2014.
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