The 15 countries in OPEC produced an average 33.31 million barrels per day in October.
Read More »OPEC. Indispensable Organ of Stability in Oil Market
There are ongoing transformations at the level of OPEC’s member countries.
Read More »Can Arab Countries Compensate Iran`s Oil for India?
If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »Oil Supply Glut or Market Tightening Set to Return?
Producers have already done a lot to ensure the market is well supplied.
Read More »What’s Behind the Latest Oil Price Plunge?
Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.
Read More »Iranian Fuel Oil Exports Decline in Oct Ahead of US Sanctions
Iran is considered as a supplier of high-quality cutter stocks for bunker fuel.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »A New Era for Oil
Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.
Read More »Oil Market Eyes on Saudi Arabia to Moderate Impact of Iran Sanctions
Sanctions on Iran are expected to remove about 1 million barrels a day from the world market by the end of the year.
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