Russia is looking to open new gas fields and selling to the international market.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »Booming of Middle East Tensions
The region is seconds away from a full-blown catastrophe.
Read More »Saudi’s SABIC to Open Office in Iraq
Saudi Arabia and Iraq are respectively the biggest and second biggest producers of OPEC.
Read More »Saudi Arabia Raises Official Prices for All Crude to Asia in January
This is the highest premium for the flagship Saudi grade since September 2014.
Read More »OPEC will Stick to Policy in Second Half of 2018
OPEC is expected to stick to its current policy of output cuts in the second half of 2018.
Read More »Saudi Oil Minister Says Cuts to Stay Until Market Balanced
U.S. drillers added two oil rigs to reach 749 in the week ended Dec. 1. the highest level since late September. according to Baker Hughes.
Read More »OPEC Deal could Produce a Goldilocks Scenario for Saudi Aramci IPO
At $60. the Kingdom and some other Gulf countries (though not Oman and Bahrain) will probably run a current account surplus for 2018.
Read More »Oil Prices Gain after OPEC Extension of Output Cut
Rising U.S. production helped fuel a slump in prices.
Read More »‘We’ll be on Our Toes to Respond to U.S. Shale’: Al-Falih
The group is ``extremely assured. optimistic`` for oil in the short and medium term. with investments flowing back sooner than later.
Read More »