Oil prices eased on Monday following seven straight weeks of gains buoyed by tightening supply on OPEC+ output …
Tag:
Oil Market
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The coronavirus pandemic is harming the oil market way more than the price dispute between OPEC and …
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Iran’s OPEC governor on Saturday said that Saudi Arabia and Russia have taken the oil market “hostage” …
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Industry & Trade
Iran deal deterioration could have ‘meaningful impact’ on oil market by next year
by Yomna Yasserby Yomna YasserU.S. President Donald Trump’s announcement of a new Iran strategy will not necessarily have an immediate impact …
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MENA News
China will ‘compel’ Saudi Arabia to trade oil in yuan; and that’s going to affect US dollar
by Yomna Yasserby Yomna YasserChina will “compel” Saudi Arabia to trade oil in yuan and, when this happens, the rest of …
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Industry & Trade
OPEC urges US shale oil producers to accept ‘shared responsibility’ of slashing global supply
by Yomna Yasserby Yomna YasserOPEC’s General Secretary, Mohammed Barkindo, called Tuesday on U.S. shale oil producers to help support plans to …
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International News
Saudi energy minister: Russia helped to breathe new life into OPEC
by Yomna Yasserby Yomna YasserSaudi Arabia’s energy minister said that Moscow has helped to breathe life back into OPEC and that …
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Industry & Trade
Oil market re-balancing is underway yet non-OPEC expansion continues: IEA
by Yomna Yasserby Yomna YasserThe oil market is re-balancing as demand continues to grow but more time is needed before these …
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Industry & Trade
Oil market rebalancing to speed up in H2: OPEC’s Barkindo
by Yomna Yasserby Yomna YasserA rebalancing of the oil market is progressing more slowly than expected, but it will speed up …
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Industry & Trade
Saudi Aramco: Oil market could see inflection point, IPO still on track for 2018
by Yomna Yasserby Yomna YasserA turning point in the oil market is on the horizon amid a sharp fall in investments …
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