Experts believe that the US move would bring uncertainty to prices.
Read More »Oil could Breach $80 Due to Trump’s Iran Sanctions
Iran is one of the world’s largest oil producing countries.
Read More »Arab Economies. Winners of U.S. Exit of Iran Deal
The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »Oil Min: Iran Prefers `Reasonable` Oil Price
Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.
Read More »World Oil Prices Rise
World oil prices have increased after the trades held on Friday at the leading oil exchanges.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »Iran Oil Price Nears $70
The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.
Read More »World Bank: Oil. Natural Gas. Coal Price will See 20% Rise in 2018
The World Bank forecast that metals prices are expected to rise 9 per cent in 2018 on the back of a pickup in demand and supply constraints.
Read More »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »Sonatrach CEO: Current Global Oil Price `Fair`
Algeria relies heavily on energy earnings.
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