Tag Archives: Persian Gulf Countries

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.

Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.

Farzad-B was discovered by OVL in the Farsi block about 10 years ago.

Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.

Kish field is planned to be developed in five phases.

The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.

Aramco has said the 400.000-bpd Jazan refinery will start next year.