Tag Archives: Persian Gulf Countries

Russia maintains its oil-price outlook at $50 to $60 on average for this year.

FANR prepared the initial inventory based on the UAE'.s State System of Accounting for and Control of Nuclear Material.

Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.

Extension of the agreement to cut oil production meets the interests of Azerbaijan.

Prices edged higher by 0.35% to $48.88 in early trading on Friday.

The project is ADWEA'.S first foray into renewable energy.

Equatorial Guinea has been accepted as a new member of the Organization of the Petroleum Exporting Countries (OPEC).

OPEC members would decide during the meeting on May 25 to extend the 1.2 mb/d oil cut for six or nine months.

OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.

The SPR sales would not start until October 2018 and would amount to just 95.000 bpd. or 1 percent of current U.S. output.