In recent months. the Saudis increased production by more than 1 million barrels per day.
Read More »No Barrier to Record Russian Oil Output in 2018
The country expects its total oil output to hold steady over the full year.
Read More »Novatek Initiates Crude Oil Production in the Russian Yaro-Yakhinskoye Field
The launch of the crude oil program will make a significant contribution to the company'.s liquids production growth.
Read More »UAE Energy Minister Optimistic about Energy Market Balance
UAE remains optimistic about achieving a market balance during the first quarter of 2019.
Read More »Iraq Multi-Billion Deal With Exxon. PetroChina in Progress
The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.
Read More »Iran will Increase Gasoline Output to 100m Liters Per Day
Iran has planned to become self-sufficient in gasoline production since several years ago.
Read More »Kuwait Promises Commitment to OPEC Cuts
The oil market is in a better place today than it was a few years ago.
Read More »Azerbaijan. Russia to Create Joint Venture in Oil and Gas Sector
Russia invested $4.2 billion in Azerbaijani economy in different forms. including in the form of joint ventures.
Read More »Novak Expects Oil Market to Stabilize by Summer
The demand will traditionally grow during the summer.
Read More »Russia Earned Additional $120Bln of OPEC-non-OPEC Deal
It is difficult to predict how long the OPEC-non-OPEC agreement would remain in place.
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