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3rd Basra International Oil & Gas show concluded on a high...

6- 9 December 2012 Basra International Fair Ground, Al Maqal Port / Basra, IRAQ The 3rd Basra International Oil & Gas, organized by Expotim International...

Untapped UAE oil fields hold over 500 mln barrels

UAE signed a memorandum of understanding  giving South Korean firms rights to develop oil fields in Abu Dhabi The three oil fields in the United...

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...

Oil prices eye fresh 2-1/2 year highs

Crude oil prices hold near 2-1/2 year peaks as worries about supply disruption persisted given ongoing unrest in Libya. U.S. crude rose 0.2...

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...

Oil reverses

Crude-oil futures bounced off 12-week lows in electronic trading Wednesday, as the U.S. dollar declined and encouraged buying in dollar-priced commodities, ahead of a...

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 rose by 1.6 percent, topping $106

Crude oil prices rose to two and half year highs on Monday on heightened worries about supply disruption due to deepening civil unrest in...

Where Will Oil Prices Go After Algiers?

Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this...

The Energy Information Administration expects oil price to average $93 a...

The Energy Information Administration in the US said on Tuesday, world oil consumption rose 2.2 million barrels per day in 2010 to 86.6 million,...

Oil prices will test $30 a barrel sooner rather than later

On Friday, OPEC said it would keep its production level unchanged, basically legitimizing the 1.5 million barrels a day it has been producing over...

DME Oman Crude Up Over 100% Since Historic Production Cuts

Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other...

Oil Prices Fall

Oil consumption could fall this year by the most since 1981 according to the IEA.