Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.
Read More »Saudi Arabia Predicts Oil Cuts Reduction Next Year
The IPO is the centerpiece of the kingdom’s plan to wean its economy off oil.
Read More »Saudi Oil Minister: Oil Market is Rebalancing
Many agencies have documented the decline in inventories.
Read More »Falih Hopes OPEC. Allies will Ease Output Cuts in 2019
OPEC and non-OPEC members were committed to bringing stability and to balancing the market.
Read More »Oil Industry Needs to Invest $10 Trillion
There’s speculation OPEC is willing to make official Russia’s involvement with the group.
Read More »Oil Demand to Peak Around Within 20 Years
BP'.s views on peak-oil demand aren'.t universally accepted in the industry.
Read More »OPEC Member Hopes for Prolong Alliance with Russia
OPEC-led alliance can help avoid future oil gluts. shortages.
Read More »Indonesia Intends to Attract the World’s Top Oil Companies
Indonesia seeks to boost energy investment as output drops.
Read More »Global Oil Demand in 2018 Forecast to Grow 1.6 Million bpd
Global oil demand for 2018 is estimated to grow 1.6 million barrels per day.
Read More »Luaibi to Visit Turkey for Oil Export Talks
The two sides are expected to discuss resumption of export of Iraqi oil through the port of Ceyhan. on Turkey'.s eastern Mediterranean coast.
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