Tag Archives: Market

The focus is now to re balance the market.

Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.

The Russian business interest in Iran significantly grew in 2016.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.

Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.

Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.

Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.

Within OPEC. Saudi Arabia has shouldered the burden of the production cuts. offsetting poorer compliance by other nations.

Iran is firm in its self-proclaimed mission to reach pre-sanction levels of oil output and exports.

In 2017. non-OPEC oil supply is projected to grow by 0.40 million barrels per day.