UAE oil & gas companies eye up investment in Basra
UAE exhibitors to take firm role at international event in Basra as opportunities in Iraq continue to increase
The UAE’s oil and gas industry is...
Global oil market might begin rebalancing in 2017, IEA
IEA medium-term report sees oil market rebalancing in 2017, but investment cuts pose supply security risks down the road
Global oil supply growth is plunging...
Oil & Gas Summit kicks off in Dubai
Strategic two-day event explores effective water management in the oil & gas industry
The inaugural Global Water: Oil & Gas Summit opened today at the...
Supply Crunch Or Oil Glut: Investment Banks Can’t Agree
In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output...
Oil prices expected to move lower
Last week, crude oil for October delivery ended on a positive note as WTI advanced for the fourth week running. The contract expires on...
Russia becomes world’s biggest oil producer
For decades the world's major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas.
But unity...
Crude oil prices climb higher
In Thursday’s electronic trading session crude oil future prices climbed higher. This added a bit more to the previous session strong rally. Additional support...
Crude-oil futures rose; stocks advance in Asia
Crude oil futures rose more than 1% to trade above $98 a barrel, after sliding more than 15% last week amid a broad...
Crude Prices Decline as Demand Projections Differ
The beginning of the week starts with mixed oil prices in early Asian session. The US market will not open today due to the...
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 outlook remains strong
There was a contract change for crude oil this week as volume on September delivery increased and the price rose for the fourth consecutive...
UAE Plans to Lift Oil Production Capacity in 2013
The United Arab Emirates plans to raise its oil production capacity to 3 million barrels a day, from the current 2.8 million, during the...
UAE Most Attractive for Oil & Gas Contractors
The United Arab Emirates has become a central hub of the oil and gas industry in the region, according to a new study. Although...
ADNOC Investor Forum Highlights Co-investment, Partnership Opportunities
The Abu Dhabi National Oil Company (ADNOC) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu...
Signals about global recovery faltering raise concerns about oil demand
In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand.
Oil prices slid from highs...
Crude weakened as the dollar index rallied
February WTI Crude has fallen over $4.50 over the week, as traders booked profits from the Christmas rally and commodities weakened across the board...