Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

In recent months. the Saudis increased production by more than 1 million barrels per day.

The country expects its total oil output to hold steady over the full year.

Brent is set to enter 2019 below $54 per barrel and is expected to trend lower amid surging US supply.

UAE remains optimistic about achieving a market balance during the first quarter of 2019.

A possible trade deal between the United States and China is progressing well.

It is on the non-oil sector that the kingdom’s economic fortunes will ultimately rest.

Venezuela continues its call to promote in OPEC fair prices in 2019.

The oil market is in a better place today than it was a few years ago.

Russia and Saudi Arabia were the world’s top two oil producers until this year.

Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.