Tag Archives: Market

Iran produced 3.77 million b d of crude in April.

OPEC'.s combined water-borne shipments of nearly 24 million barrels a day in March were up slightly from October levels.

 Qatar has joined the race to tap the growing energy market of Pakistan as it expresses interest in the $1.5 billion pipeline project for the supply of imported liquefied natural gas (LNG) to provide consumers in Punjab. Qatar has already taken the lead in LNG supplies and signed a multibillion-dollar …

Oil ministry is in talks with oil and gas giants for $70 billion worth of development projects.

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.

Central and eastern China accounted for about 89 percent of new capacity. the NEA said.

Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.

21 phases of South Pars Gas Field. which have become operational. produce more than 800.000 barrels of condensates every day.

The Persian Gulf nation of Kuwait is the fifth-largest producer in the Organization of Petroleum Exporting Countries.

The oil market needs more time to start using up stored inventories. which are on the verge of declining.