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Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Oil Prices Rise as US-China Trade Tensions Rise
Investors are focusing on the US-China trade tensions.
Read More »Crude Oil Futures Largely Stable after Trump Comments on China Trade
China will increase tariffs on $60 billion of products imported from the US.
Read More »Uncertainty in Oil Markets amid Plenty Supplies
Uncertainty is expected in oil markets in the next three months due to ample supplies as well as Iran’s ability to continue to export despite sanctions by the US administration.
Read More »OPEC In The Dark On Oil Supply
The dearth of information is a headache for OPEC and allies led by Russia.
Read More »Iran Hasn’t Cut Offshore Oil Output and Halted Exports
A tender to raise production at the Forouzan oil field will be finalised by the end of June.
Read More »Iraq will Respect OPEC Agreement and not Raise Production
Iraqi oil output was around 4.57 million b d in April.
Read More »It Is Impossible to Eliminate Iranian Oil from the Global Market
OPEC secretary general arrived in Tehran on Thursday and attended in a meeting on the sidelines of the 24th International Oil Exhibition.
Read More »Oil Min. Departs for Oman for Energy Talks
Iran sits atop 11 percent of oil and 18 percent of gas reserves in the world.
Read More »Impossible to Exclude Iran from Oil Market
Anyone who uses oil as a weapon is bringing forward the death and collapse of OPEC.
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