Tag Archives: Mubasher GMF

Drone makers are cooperating with oil and gas firms to develop custom drones equipped with data collection technology to obtain real-time insights.

US shale output is expected to reach 16.9 million bpd in 2024.

Oil supplies from OPEC slid to their lowest level in four years in March.

Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.

The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.

Progress in the trade talks between the US and China helped to allay fears about fuel demand.

Downside risks include a slowdown in global economy which would dent global crude demand.

Oil prices fell on Friday. as fears of a supply glut continues.

Baghdad recently pledged to buy American oil and energy technology.

On Tuesday. the American Petroleum Institute (API) reported an estimated inventory increase of 3.453 million barrels.