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OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.
Read More »OPEC Pick Up Oil Demand Forecast Amid Rising Prices
OPEC Pick Up Oil Demand Forecast Amid Rising Prices
OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
Read More »Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
Read More »Oil Biggest Weekly Rise in a month as Iran Sanctions Loom
Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.
Read More »Saudi Arabia Ready to Lessen Impact of Iran Oil Sanctions
After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »Minister: We are not Advocate of High Oil Prices
Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.
Read More »Russian Commitment to OPEC Deal Reach 95%
Crude oil production in Russia amounted to 10.97 million barrels a day last month.
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