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

Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.

Ghadhban replace Jabbar al-Luaibi as oil minister.

OPEC has no capacity to compensate for a lack of oil output caused by the US.

Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.

Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.

Tthis country is the biggest in terms of crude oil reserves.

Brent crude prices stabilized on Wednesday after heavy losses the day before. with looming U.S. sanctions against Iran back in focus.

In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.

Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.

Following the incident. the kingdom has been attacked by international governments and leaders.