The market is currently experiencing Brent crude prices at around $70 a barrel. a price not seen since 2014.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
Read More »China`s Oil Product Export Surge could Hamper OPEC`s Gains
In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Iran`s Light Crude Oil Price up $1.8 in a Week
Iran'.s light oil price was reported $64.57 on average since the beginning of 2018.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
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