Tag Archives: Persian Gulf Countries

Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.

The OPEC Russia deal for crude oil production cuts could extend beyond 2018.

Saudi Aramco is growing its investments in downstream including chemicals.

Oil demand showed surprising growth in 2017.

Saudi Arabia is seeking to sell as much as 5 per cent of Aramco.

EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.

Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.

Saudi Arabia. OPEC’s de-facto leader. wants to see oil prices above $60 a barrel.

Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.

Soco holds mature oil and gas assets in Vietnam. Congo and Angola with no interests to the low-cost fields in the Middle East.