Tag Archives: Persian Gulf Countries

Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.

One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.

Saudi Arabia will continue to increase oil production in order to achieve moderate prices.

Other OPEC countries have been increasing production in recent months.

Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.

Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.

ATC was set up in 2012 to market refined products. base oils and bulk petrochemicals.

The OPEC monopoly must get prices down now!`` Trump wrote on Twitter.

OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.

Iran argues one member has no right to steal the quota of another.