Growth in Saudi Arabia. the region’s largest economy. is expected to slow to 0.4% this year.
Read More »Saudi Aramco Sees Oil Market Balance Despite US Boom
Aramco is planning what may be the world’s largest stock sale.
Read More »IEA: Global Oil Market Now Close to Balance
The global oil market is close to balance after nearly three years of excess supply.
Read More »Russia to Start Talking to Oil Firms About Extending OPEC Deal
A final decision will depend on how the situation in the oil market develops in April and on forecasts for May and June.
Read More »Oil Prices Steady
Libya'.s gain means oil market pain.
Read More »Iran. Iraq to Lead Middle East Oil Growth
Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.
Read More »OPEC Expects Growth in 2017 Non-OPEC Oil Supply
In 2017. non-OPEC oil supply is projected to grow by 0.40 million barrels per day.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »Significant Increase in Iran`s Oil Exports to Europe
Iran is making rapid forays into the European crude oil market.
Read More »Barkindo: Worst Over for International Oil Market
The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.
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