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Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »Saudi Aramco Expands in India
OPEC`s Barkindo Lauds OPEC Non-OPEC Compliance with Oil Output Cut Deal
The global oil cartel was looking forward to strengthening its cooperation with Russia.
Read More »Barkindo Congratulate Zanganeh’s Reappointment
Zanganeh is specifically credited at home for what many see as his success in increasing Iran’s oil and gas production capacity.
Read More »Iran Oil Price Near $47
OPEC hopes the market rebalancing will accelerate in the second half of this year.
Read More »OPEC: Rates of Reduction of World Oil Stocks may Accelerate in H2
In three out of five regions of the US the level of commercial stocks has reached the average 5 year'.s level.
Read More »American Producers of Shale Oil Ready for Dialogue with OPEC
Oil cartel is going to continue the dialogue with shale producers in Q42017 and extend cooperation with the US companies which have not established the contact with OPEC.
Read More »OPEC Needs More Oil from Libya. Nigeria as Market Re-Balances
Compliance with production cuts by members of the Organization of Petroleum Exporting Countries is excellent.
Read More »Barkindo: Oil Market Rebalancing to Speed Up in Second Half
A rebalancing of the oil market is progressing more slowly than expected. but it will speed up in the second half of the year.
Read More »OPEC Can Absorb ‘Orderly’ Oil Recovery from Libya. Nigeria. Iran
Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average
Read More »OPEC Secretary-General Participates in 3rd GCC Petroleum Media Forum
The project is aimed at developing a comprehensive. multi-dimensional and easy-to-use tool for analysing publicly available oil and gas data.
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