Wednesday, 10th June 2020
The latest ADIPEC Energy Dialogue maintains that manufacturing is key to the mid-term revival of the oil and gas markets as consumer demand is expected to lag.
Thursday, 5th April 2018
Qater has affirmed the need to maintain current oil supply curbs over the long-term to ensure the market continues to stabilise and guarantee that prices fully recover from the 2014 crash.
Wednesday, 28th March 2018
Riyadh and Moscow are considering extending Russia’s current short-term alliance with OPEC to curb oil production that began in January 2017 after a crash in crude prices.
Wednesday, 21st March 2018
Saudi Arabia exported a record amount of gasoline and diesel in January 2018, helping the kingdom to offset the crude production cuts mandated by OPEC.
Monday, 29th May 2017Oil producers chose to extend supply cuts of 1.8mb/d for nine extra months, amidst a global glut of crude and rising US shale gas production.
Tuesday, 28th February 2017Saudi Arabia wants crude oil prices to rise to around $60 a barrel in 2017, five sources from OPEC countries and the oil industry said.