Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »Oil Prices Rise as US-China Trade Tensions Rise
Investors are focusing on the US-China trade tensions.
Read More »EU Concerned by US Decision on Iran Waivers
The lifting of nuclear-related sanctions is an essential part of the JCPOA.
Read More »World`s Biggest Oil Field is Fading Faster than Anyone Guessed
Ghawar in Saudi Arabia is the world'.s largest conventional oil field.
Read More »Novatek`s Next Step from Gas to Power
The world’s biggest energy companies will gather at the LNG2019 conference in Shanghai next week.
Read More »Aramco Building Global Gas Business to Cut Carbon Footprint
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade.
Read More »Saudi Arabia will Tender Solar Plant in Makkah
Saudi Arabia earlier this year awarded a contract to develop its first wind project.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »OPEC to Stay the Course as Crude Inventories Remain High
OPEC+ is scheduled to meet in the Austrian capital of Vienna in April for an extraordinary general meeting.
Read More »UAE in Compliance with OPEC and Non-OPEC Output Curbs
The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.
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