Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Russia’s Rosneft Expects $40 in 2018
Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.
Read More »Iran`s Crude Below $51
The price drop mirrors the trend in global prices that have been shaky in recent weeks.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »Iran`s Gas will Reach Pakistan
The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran Greets Cooperation between OPEC. Non-OPEC Countries for Maintaining Oil Market Stability
The project has faced repeated delays since it was conceived in the 1990s to connect Iran'.s South Pars gas field to Pakistan.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
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