Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »Saudi Crown Prince Promise Aramco IPO by early 2021
The planned listing of the world'.s biggest oil producer was to be the cornerstone of the kingdom'.s promised economic overhaul.
Read More »Saudi Arabia Supplies about 5 mln bpd to Asian States
Oil from Eastern Russian field is very competitive.
Read More »Saudi Arabia. Russia Agreed in September to Lift Oil Output
Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.
Read More »UAE. Iran`s Rival may be Cracking Down on Trade
The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »Qatar Defends OPEC against Accusations
Donald Trump recently accused OPEC of ``ripping off`` the world.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
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