ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.
Read More »Oil Unlikely To Reach $100
Saudi Arabia has been raising its production faster than many expected.
Read More »OPEC+ Participants Commitment to Vienna Agreement by 111% in September
Russia has increased its oil production by 400.000 barrels per day.
Read More »U.S. Shale Oil Output Rise
Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.
Read More »OPEC. Allies Struggle To Add Pledged Barrels to the Market
Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.
Read More »Total Cooperate with Adani to Re-Enter India`s LNG Market
OPEC estimates India will account for about 40 per cent of the overall increase in global oil demand by 2040.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »OPEC Urges Producers to Increase Oil Capacities
Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.
Read More »Moscow Hopes to maintain Stability in Oil Market
Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.
Read More »India Oil Demand to Rise by 5.8 Million bpd by 2040
Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.
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