Tag Archives: Persian Gulf Countries

Both countries agreed to continue coordinating steps on the global oil market in the OPEC+ format.

Imports stood at 3.38 million tons worth $5.52 billion. down 38.33% and 32.56% in tonnage and value respectively YOY.

The statement presented by the UAE in OIC’s final day is completely invalid.

The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.

Iran and Armenia have already begun their cooperation in ICT.

Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.

This prestigious accolade was awarded last year to Khali Al-Falih.

Passenger vehicles represent 20 percent of the world’s oil demand.

The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.

The West has sought for decades to secure oil resources for its own energy security.