Tag Archives: Saudi Arabia

The deal will develop a world-class maritime yard within the King Salman International Complex.

For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.

Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.

The state-owned NPC is the top regulatory body of the petrochemical industry.

We need to shift our focus to speeding up the development of shared oil and gas fields.

Russia maintains its oil-price outlook at $50 to $60 on average for this year.

Prices edged higher by 0.35% to $48.88 in early trading on Friday.

Equatorial Guinea has been accepted as a new member of the Organization of the Petroleum Exporting Countries (OPEC).

OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.

OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.