Tag Archives: Oil Price

Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.

Algeria relies heavily on energy earnings.

OPEC and its allies achieved a historic 149 per cent compliance in March.

Indian oil imports will grow more and more driven by transportation. petrochemicals and other sectors.

Despite improved liquidity. funding costs will increase due to rising interest rates.

Kuwait wants to transform into a business hub that attracts investments.

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.

U.S. shale production is going to continue growing strongly.

Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.