Tag Archives: Oil Price

MENA countries need to create 25 million new jobs over the next five years.

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.

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.

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.