Saudi Arabia and Russia are considering extending the agreement to potentially cover all of next year.
Read More »Bahrain Minister Calls for Freezing Qatar`s GCC Membership
Bahrain will not attend the upcoming GCC summit if Qatar takes part.
Read More »Oil Markets Stable on Expected Extension of Output Cuts
Confidence in the oil market is evident in the way financial traders have positioned themselves.
Read More »Big Oil Has Learned To Live With Lower Oil Prices
Over the last couple of years. Big Oil has demonstrated more than once that it’s set on becoming more flexible. leaner. and more efficient.
Read More »IEA: Global Oil Supply Rose 90.000b d in September to 97.5mb d
Global oil supply rose 90.000 b d in September to 97.5 mb d as non-OPEC output edged higher with output standing at 620.000 b d higher than last year.
Read More »The Petrodollar’s Biggest Challengers
While China pushes for the petro-yuan. Russia is also making moves which could have serious implications for the U.S. dollar.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Iran`s Crude Exports to Japan Rise in October
Exports to Europe are set to drop 39 percent to 510.000 bpd in October from a month earlier. Exports to the Middle East will hold at 111.000 bpd.
Read More »Iran. Russia Economic Cooperation
The two sides exchanged views on the prospect for bilateral cooperation in various fields within the framework of OPEC and the Gas Exporting Countries Forum (GECF).
Read More »The Qatar Blockade Could Cause a Regional Recession
Saudi Arabia is on course with a Saudization policy that aims to reduce its reliance on immigrant labor in the public and private sector.
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