There are mixed signals on what the outcome of this meeting would be.
Read More »Too Early to Discuss Deeper Output Cuts
OPEC is counting on Russia to help sooth tensions between Iran and Saudi Arabia in order to help the global oil market stabilize.
Read More »Saudi Energy Minister Predicts Era of ‘Perpetual Stability in World Oil’
The relationship between Saudi Arabia and Russia brings an opportunity for ``perpetual stability`` in global oil markets.
Read More »China will Shut 8.7 GW of Coal Power by Year-End
China has promised to ease its dependence on coal.
Read More »Oil Prices Climb as Positive China Factory Data Eases Demand Concerns
World'.s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.
Read More »India. An Attractive Investment Destination for Saudi Arabia
Saudi Arabia is a key pillar of India’s energy security. being a source of 17% or more of crude oil and 32% of LPG requirements of India.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »CNOOC will Start Pumping at Large Deep Sea Gas Field at End-2021
CNOOC is building a semi-submersible production platform for the project.
Read More »Oil Prices will Ease. if Geopolitical Tensions Do not Escalate
Rising global oil prices are a major concern for India. the world’s third biggest oil importer.
Read More »Saudi Aramco has Emerged from Attacks `Stronger than Ever`
Aramco already brought back part of the lost production and will return to pre-attacks level end of September.
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