The last time Moscow surpassed Riyadh in crude production was in December 2016 when Russia extracted 10.49 million against 10.465 by Saudi Arabia.
Read More »China`s Oil Demand Is Growing at More Than Double Last Year`s Pace
China may indeed join the ranks of countries banning fossil fuel vehicles.
Read More »OPEC’s No. 2 Faces Civil War Threat
Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.
Read More »OPEC Tactics Raise Production Costs Around the World
OPEC is the world’s largest oil cartel and produces roughly 40 percent of the fossil fuel found in international markets.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
Read More »Iran. Venezuela Discuss OPEC Output Cut. Global Oil Market
Iran is ready for any measure contributing to stability in the oil market.
Read More »OPEC Sees Higher Oil Demand. Signs of Tighter Market
OPEC estimated supply from non-OPEC countries next year would rise by 1 million bpd.
Read More »Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
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.
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