Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Russian. Iranian Energy Ministers Discuss Oil Output Cut Deal
The meeting is about the possibility of further oil output regulation.
Read More »Missing Saudi Journalist Is Creating Major Worries around the Oil Market
The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »Saudi Arabia to Throttle down the World`s Oil Supply it Threatened
Saudi Arabia is the world'.s largest oil exporter.
Read More »Saudi Oil Output Rise will Meet India`s Demand
Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »Current oil Market Forces are out of OPEC`s Control
India has expressed ``discomfort`` with the high oil prices.
Read More »Expensive Energy Threatens Global Economic Growth
Brent Crude prices have been holding above $80 a barrel.
Read More »Saudi Arabia will Supply Extra Oil Cargoes to India as Iran Sanctions Loom
India is Iran'.s top oil client after China.
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