Aramco had put out 10 fires in the span of seven hours after the ".huge". assault.
Read More »Saudi Oil Supply Crisis. A Boon to Brazil
Brazil’s oil production is set to grow in the near term.
Read More »Attacks on Aramco to have Short-Term Impacts
Recent attacks on Saudi oil facility would have short-term impacts on oil market.
Read More »IEA Says Markets Well Supplied with Ample Commercial Stocks
Abqaiq. in the kingdom’s eastern province. is the world’s largest oil processing facility.
Read More »Oil Prices Rise after Attacks Halve Saudi Output
A sharp rise in oil prices also comes at a delicate time for the global economy.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
Read More »Iraq will Reduce Oil Production to Comply with OPEC Demands
Iraq is on track to produce nearly six million barrels of crude per day by 2030.
Read More »OPEC`s Market Share Fall Down
OPEC and its allies have a deal to limit supply until March 2020.
Read More »Saudi Oilfield Hit by Drone Attack
Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia. but failed to disrupt production.
Read More »IEA Cuts Oil Demand Growth Forecasts
OPEC and its allies have agreed to cut production by 1.2 million b d through to the end of the first quarter of 2020.
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