GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.
Read More »UAE`s Non-Oil Trade with China to Top $58bn in 2018
China is seeking more business in the UAE as part of its free trade pivot.
Read More »Saudi Arabia and Kuwait will Form Co-operative Council
The two countries will probably resume production on two joint oilfields in the south of Kuwait.
Read More »Libya Oil to Flow after Haftar Deliver Central Fields
Transparency about spending would enable Libyans to see who is getting what from Libya oil.
Read More »How Saudi Arabia Sets Its Oil Prices
Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »Abu Dhabi Ports Signs Pact with ADNOC Unit to Manage Oil Spills
The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.
Read More »UAE-China Trade Grow almost 52.65 bln USD Last Year
The UAE’s foreign trade with China made up 14.7 per cent of the country’s foreign total trade in 2017.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »India Hunts for Gas
The South Asian giant consumes almost 22 million metric tonnes a year of liquefied natural gas.
Read More »Saudi Arabia Holds all the Cards despite Iran Threatening to Block oil output
Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output.
Read More »