Only a few days is left before the unveiling of a big decision which will mostly determine the future of oil market in the upcoming year....
In its latest annual World Oil Outlook (WOO) report, published last week, the Organization of the Petroleum Exporting Countries (OPEC) predicted its oil production and market...
In the past few days, oil traders around the world have been eyeing three major events closely in order to catch a glance at the direction...
Oil prices have rallied a whopping 30 percent this year. Among other factors, OPEC’s commitment to reduce output, geopolitical flash-points like the brewing war in Libya,...
OPEC and some non-OPEC oil ministers met in Vienna last week and agreed to curb their output by 1.2 mb/d in order to address growing surpluses...
The Emirate of Qatar will leave OPEC as from January 1, 2019. The primary reason for this choice is the Emirate’s project to become the world...
Right from the day Trump withdrew from Iran’s nuclear deal, announcing his plan for cutting Iranian oil exports to zero, the oil scholars and experts all...
Owing to the decrease in spare oil capacity worldwide, OPEC Secretary-General Mohammad Barkindo advised the oil-producing companies to enhance their production capacities and investments to meet...
The 10th gathering of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non-OPEC members on Sunday ended, as Iran insisted, without any direct decision on...
What will you call a man who first grumbles about higher oil prices and then cause a rally ithis own actions? Yes, Trump. WTI touched $74,...