
Middle East petrostates moving beyond crude oil
Diversification brings in Japanese partners, including at Dubai refinery
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Diversification brings in Japanese partners, including at Dubai refinery
President Erdogan kicks off Gulf tour with stops in Bahrain, Saudi Arabia and Qatar
The Organization pumped 32.3 million barrels a day in January
Tehran has been quickly ramping up crude oil production, aiming to reach pre-sanction levels
Still, this is unlikely to alter the government’s medium-term economic plans to overhaul public spending
OPEC, Russia expand diplomatic push to secure oil-cuts deal
Rising tension has threatened to derail talks this month aimed at cutting oil production by Opec countries
Even though the world's major crude exporters have agreed to cut production to boost prices
The regional rivals refuse to reach a deal
Analysts doubt Algier's forum will result in deal to freeze production
Cheap shipping redraws long established trade routes
The government of Iran has announced it intends to increase its oil production to pre-sanction levels over the next couple of months
Prices will remain subdued because the world is swimming in oil
It revived worries about the supply glut that has capped prices for the past two years
Can talking about freezing at higher levels of output be successful?
Iran tries to regain market share amid a global oversupply while Saudi Arabia has no plans to back down
OPEC’s June crude production rose 300,000 barrels a day from a month earlier, to 32.73 million barrels a day, which is the highest level since August 2008, according to S&P Global Platts. Platts said that its survey of OPEC …
Alexander Novak announced Russia's intention to continue to increase volume of oil production
Recall that on Saturday Saudi King Salman bin Abdulaziz Al Saud abolished the Ministry of Oil and dismissed the oil minister Ali al-Naimi, organizing the Ministry of Energy, Industry and Mineral Resources, appointing the former …