Bank of America’s (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing …
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OPEC members
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Saudi Aramco requested to cut max capacity target back to 12 mbpd
by Aya Anwarby Aya AnwarSaudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity …
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Industry & TradeInternational NewsNewsTech/AI
OPEC+ panel keeps oil output policy unchanged
by Sama Mousaby Sama MousaThe OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
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Industry & TradeMENA NewsNewsTech/AI
Iraq finishes two thirds of Grand Faw Port
by Sama Mousaby Sama MousaIraq, the OPEC member, has completed around two thirds of the Grand Faw Port project, said Iraq’s …
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Industry & TradeMENA NewsNewsTech/AI
Kuwait to issue tenders for Mubarak Port
by Sama Mousaby Sama MousaKuwait is getting ready to issue new tenders for the completion of Mubarak Al-Kabeer Port, a Kuwaiti …
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Industry & TradeMENA NewsNewsTech/AI
TotalEnergies to start Iraq projects in a month – official
by Sama Mousaby Sama MousaFrench TotalEnergies is set to start executing a $27 billion oil and gas contract with Iraq in …
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Industry & TradeMENA NewsNewsTech/AI
Gas projects to put an end to Iraq’s power crisis – official
by Sama Mousaby Sama MousaGas projects in the OPEC member Iraq are set to put an end to the country’s power …
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Industry & TradeMENA NewsNewsTech/AI
Kuwait starts operation of Al-Zour refinery
by Sama Mousaby Sama MousaKuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last distillation …
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European bourses are seen lower Tuesday as investors focused on talks between OPEC members and the political …
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Japanese stocks traded weaker on Monday after seven straight sessions of gains as the yen gained sharply …
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