Brent has risen by more than 20 percent from its most recent lows in August.
Read More »OPEC Oil Production At Highest In 2018
Saudi Arabia. OPEC’s de facto leader and largest producer. pumped 10.53 million bpd in September.
Read More »Global Oil Industry Needs $11trn Investment
Oil-related investment requirements across the upstream. midstream and downstream are estimated at around $11 trillion in the period to 2040.
Read More »Trump Intensifies Saudi. OPEC Criticism to Little Effect
On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.
Read More »Oil Hits Four-Year High ahead of Iran Sanctions
Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.
Read More »Oil Could Rise To $100 and That’s Bad News
Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
Read More »Iran Sanctions could Send Oil Prices to $100 per Barrel
Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.
Read More »Iraq Aims to Ramp Up Production at Newly Restarted Oil Field
The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.
Read More »Russia’s September Oil Production Set for Post-Soviet Record High
Russia can bring ``a couple of hundred thousand barrels`` in the short term.
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