Tag Archives: World Health Organization (WHO)

North Korean nuclear bomb test last fall set off aftershocks over a period of eight months.

Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.

Following the incident. the kingdom has been attacked by international governments and leaders.

Expensive energy is back and it is threatening global economic growth.

ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.

China last month imposed retaliatory tariffs on an additional $60 billion worth of US imports.

Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.

Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.

Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.

Libya is currently producing 1 million bpd of oil on average and plans to increase output.