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The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »IMF Predicts Saudi Arabia Growth Outlook
Khalid Al-Falih: still Anxious about Fragility of Oil Market
There’s an acceptance that the OPEC-led deal should extend beyond 2018. Falih said.
Read More »Saudi Arabia keeps First-Quarter Crude Exports at around 7 mbpd
The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March.
Read More »Two Big Oil Seeking Smooth Exit from Cuts
OPEC and its partners see merit in maintaining their curbs into 2019.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »Refined Oil Exports Offset Saudi`s Crude Curbs
OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Al-Falih Urges Oil Producers to Extend Cooperation Beyond 2018
Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »Aramco is Ready for IPO as Listing Venues up in Air
The kingdom will decide where the stock will be traded. not the company.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
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