A slowdown in oil demand growth is compounding the emerging oversupply.
Read More »IEA Welcomes Return of Oil Surplus after OPEC Output Surge
The IEA reduced its forecast for growth in emerging-market demand next year.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
Read More »OPEC’s Output Highest since 2016
OPEC agreed in June to pump more oil after pressure from U.S. President Donald Trump to curb rising prices.
Read More »Pakistan. Russia to ink North-South Gas Pipeline Agreement in Jan 2019
The project will be completed by 2020 and the Russian company will operate it for 25 years.
Read More »Pakistan. Russia Extend G2G Pact for Gas Pipeline
he length of the North South pipeline will be 1122KM with 42-inch diameter.
Read More »U.S. China Trade Dispute Affects Oil Price
Iran’s output was the lowest since April last year at 3.75 million bpd.
Read More »World Bank Urges Nigeria to Raise Non-Oil Tax Collection
The nation is scheduled to hold general elections in February.
Read More »Talks on Pak-Iran Gas Project Likely Next Month
Iran and Pakistan have already agreed to open up and review the gas sales- purchase agreement (GSPA) inked between the two in 2009.
Read More »China Plans to Power Southeast Asia
For China the demand for electricity and the supply mismatch presents an opportunity to help ASEAN.
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