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Potential Shortage of Global Oil Supplies in 3 Years

The recent drop in oil industry investment brought on by weak prices threatens to significantly slow supply growth in the long term, and could...

Growing M&A interest in MENA Oil and Gas industry

Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industryGlobal Oil and Gas transactions have suffered a modest decline in both...

Shift of Middle East crude oil from US & European markets...

The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and...

Shell wins fuel concession for Dubai World Central

Dubai World Central - Al Maktoum International Airport at Jebel Ali in Dubai has granted a fuel concession to Shell Aviation - the aviation...

Confidence Returning to Oil and Gas Recruitment as Oil Price Stabilises

A review of the employment environment in the energy sector by Petroplan has found that, despite a major contraction in the value of the...

Dubai Mercantile Exchange hits new records in open interest and physical...

The Dubai Mercantile Exchange (DME) announced today that a new record total open interest of 19,867 was achieved in its flagship DME...

Oil prices could drop as far as $70 a barrel

Oil prices worldwide could drop as far as $70 a barrel when the North African region and the Middle East see a calming of...

Oil Trades Below $50; Could Plummet to $35 a Barrel

Oil futures fell on Wednesday, with U.S. prices settling below $50 a barrel for the first time since early April. The reason for this...

What Does The Next OPEC Meeting Have In Store?

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and...

Growing M&A interest in MENA Oil and Gas industry

Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industry Global Oil and Gas transactions have suffered a modest decline in both...

North American, European Oil and Petrochemical Companies Show Keen Interest in...

The participation of Jebel Ali Free Zone (Jafza), the flagship free zone business of Dubai, in Abu Dhabi International Petroleum Exhibition (ADIPEC), which ranks...

Could the oil price crunch topple governments?

Egypt's oil minister Osama Kamal has dismissed the head of state-owned Misr Petroleum and another top official due to a crisis in distributing fuel...

2016 and 2017 Crude Oil Projections Lowered Further

The risk of a decline in global oil prices after the peak of the US driving season back in April was highlighted by the...

Crude oil futures lost 9.2% on the week

  Crude oil futures ended slightly higher last Friday in the U.S. Crude oil for September delivery added 0.3%, or 25 cents, to $86.88 a...

Oil futures ended above $104 a barrel

Oil futures ended above $104 a barrel Friday and registered a weekly gain of nearly 7% , as investors consider that turmoil in Libya...

Dubai crude to be priced at a 20 cents discount during...

The selling price for Dubai crude oil, will be fixed at a 20 cents discount against Oman futures for September in comparison to...

Oil Prices Need to Be $60 to $80 to Balance...

• Drilling and completion spending has dropped by 28% YoY since its 2014 peak, and BofA see another 5% decline next year • Oil field...

Crude price rebound will start in H2 of 2016, some analysts...

Part of the reason oil is the trade of the year is because it’s going to have such a broad affect, it’s going to...