Oman to Pump 1mb/d in 2017

• Thursday, 2nd March 2017
• by Editorial Team

Non-OPEC producer Oman intends to pump an average of 1mb/d in 2017 despite the 45,000b/d production cut it had pledged with the OPEC-non-OPEC deal, a senior official at the Oil and Gas Ministry said, according to Oil ...

Saudi Arabia Aims Barrel Price to Hit $60

• Tuesday, 28th February 2017
• by Editorial Team

Saudi Arabia wants crude oil prices to rise to around $60 a barrel in 2017, five sources from OPEC countries and the oil industry said, according to Reuters. This is the level the OPEC heavyweight and its Gulf allies ...