Non-Opec oil output set for biggest fall since 1992 says IEA
September 15, 2015
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Non-Opec oil output set for biggest fall since 1992 says IEA

Shale oil production in the USA will drop by 385,000 barrels a day next year…

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Oil Export Ban to Get A Vote This Week
September 15, 2015
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Oil Export Ban to Get A Vote This Week

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Saudi Arabia is still dominating Asia’s crude oil market
September 12, 2015
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Saudi Arabia is still dominating Asia’s crude oil market

Al-Jubeir said that under those conditions, Saudi Arabia would support the deal. Why is Riyadh…

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Saudis, Iran at odds over OPEC price forecasts
September 3, 2015
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Saudis, Iran at odds over OPEC price forecasts

Similar understandings to cooperate in the past have fallen apart, making coordinated action unlikely.

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Iran says OPEC members in favor of $70/b oil price
August 31, 2015
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Iran says OPEC members in favor of $70/b oil price

Saudi Arabia, as an example is predicted to see a authorities deficit, in comparison with…

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Crude Oil is Steady despite Decline in Gasoline and Heating oil
August 30, 2015
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Crude Oil is Steady despite Decline in Gasoline and Heating oil

Moreover, the report also showed that US crude production fell by just 11,000 barrels per…

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OPEC Arab Producers Bracing for Weakness in Oil For Remainder 2015
August 30, 2015
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World

OPEC Arab Producers Bracing for Weakness in Oil For Remainder 2015

Today China is undoubtedly the first item on the agenda of governmental and OPEC meetings.…

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Venezuela pushing OPEC members for emergency meeting with Russian Federation
August 29, 2015
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World

Venezuela pushing OPEC members for emergency meeting with Russian Federation

Saudi Arabia is leading the drive for lower prices, producing oil at full capacity despite…

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Oil price hits 6.5-year low of almost $40 a barrel
August 26, 2015
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Oil price hits 6.5-year low of almost $40 a barrel

“The numbers were a total surprise with crude showing a build when the whole Street…

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Oil falls towards six-and-a-half-year lows on gasoline build
August 26, 2015
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Business

Oil falls towards six-and-a-half-year lows on gasoline build

Oil stabilised on Wednesday after China’s central bank moved to support the country’s economy, but…

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