The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
Read More »UAE. Kuwait Target June for Talks on Phasing Out Oil Cuts
The global agreement to limit production is making progress in re-balancing supply and demand for oil.
Read More »Booming of Middle East Tensions
The region is seconds away from a full-blown catastrophe.
Read More »US Eyes Opportunities to Sell LNG to Saudi Arabia
The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.
Read More »Shale Oil in Focus as OPEC Extends Deal
US crude production set to touch 9.9m bpd this month. well above EIA forecasts.
Read More »World Oil Market may Reach Full Stability in 2018
The Declaration of Corporation’ by Opec and non-Opec participating countries gave hope and stability to the market at a very critical time.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »Vienna Producers` Meeting won`t be Easy
Oil market was in a much better position than it was last year. which was a result of producers complying with the cuts.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
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