GCC countries are thinking about the need to replace lost Iranian barrels.
Read More »The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
Russia and Saudi Arabia planned to sign a mutual agreement which will draw their cooperation in the energy arena to a new level.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »Oil Falls on Lower China Refining Activity. Fresh U.S. Crude Output Record
Russia and Saudi Arabia are set to open the football world cup. which kicks off in Russia on Thursday.
Read More »Oil Prices Drop on Prospect of Rising Supplies
OPEC on Tuesday said that the oil market outlook in the second-half of 2018 is highly uncertain and warned of downside risks to demand.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
OPEC'.s own oil production rose slightly in May. the monthly report showed.
Read More »Oil Stable amid Cautious Optimism over Trump. Kim Summit in Singapore
OPEC and its partners are due to meet at its headquarters in Vienna. Austria. to discuss policy.
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