Despite the supply adjustment. stocks have continued to rise. not just in the US. but also in Europe.
Read More »OPEC Expects Growth in 2017 Non-OPEC Oil Supply
In 2017. non-OPEC oil supply is projected to grow by 0.40 million barrels per day.
Read More »Crude Prices Slip
Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.
Read More »Iran’s Energy Potential Lies in Gas Rather Than Oil
.Iran is the world’s third largest producer of gas
Read More »Iran`s Oil Industry: Sky Is the Limit
Iran is eligible and capable to absorb some $370-380 billions within the next decade.
Read More »IEA: Iran’s Oil Output to Reach 6 mb/d by 2040
The global gas demand is expected to increase by 50 percent by 2040.
Read More »Libya’s Oil Revival Gathers Pace
Libya reopened the Sharara field last month and the nation’s total pumping rate stood at 650.000 barrels a day.
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