Oil&Gas 7 December 20:17
Oil&Gas 7 December 15:59
Saudi Arabia's energy minister Khalid al-Falih said on Dec.7, the kingdom is committed to meeting global oil demand.
Oil&Gas 5 December 12:54
Oil&Gas 3 December 13:45
OPEC’s agreement to cut production for the first time in eight years has the potential to balance the oil market, as long as everyone sticks to it.
Oil&Gas 1 December 14:43
Oil&Gas 28 November 04:43
Saudi Arabia's energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene, and that keeping output at current levels could therefore be justified
Oil&Gas 24 November 16:06
Oil&Gas 23 November 11:27
OPEC has too many competing agendas within it as an organization to effectively manage oil output.
Oil&Gas 22 November 11:51
If the president-elect of the US Donald Trump blocked the oil import from Saudi Arabia, there would be significant diplomatic and industrial repercussions.
Oil&Gas 22 November 10:43
OPEC faces a huge challenge to agree on a cut, with individual country-by-country maximum levels which do not exceed the 32.5-33.0 million barrels per day.