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The study is based on date only up to October 2014.
Read More »Study Assesses OPEC’s Spare Capacity Value
Rosneft Budget Based on Oil Price of $63 a Barrel
Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.
Read More »BMI Revised Forecasts for Saudi`s Economy
GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.
Read More »OPEC Looking for Legal Strategy as U.S. Pushes Anti-Cartel Bill
OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.
Read More »Kurds in Syria Share Oil with Government as Part of a Deal
Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.
Read More »Russia may Boost Oil Production to Tackle Deficit
Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.
Read More »Iran Forecasts Growth of Oil Price to $100
Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman
Oman posted double-digit fiscal and current account deficits over the past few years.
Read More »Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
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