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The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »OPEC`s Fear of Another Downturn In Oil
EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.
Read More »Iran Sanctions will Threaten the Oil Market
Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.
Read More »Saudi Arabia Ready to Boost Supplies over Iran Oil Sanctions
Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.
Read More »Brent to Hit $80 before Year-End
The most crucial difference between Goldman and some other forecasters is the confidence in emerging market demand.
Read More »Oil Rally Faces Tidal Wave of Supply
The oil market ran higher in anticipation of this week’s formal re-imposition of sanctions against Iran by the United States.
Read More »UAE Plans to Increase Oil Production
The United Arab Emirates (UAE) is seeking to increase its oil output by 5 million barrels per day by 2030.
Read More »Oil Markets Seeks Alternatives as US Sanction on Iran Hit
Iran exported the equivalent of 2.5 million barrels a day in April.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
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