“Iran’s crude output boost won’t hurt oil prices”
Iran’s proposed increase in oil production would enter the market gradually after sanctions end and won’t pressure prices, the Iranian Oil Ministry’s Shana news...
Rising OPEC Crude Production Suppresses Oil Prices
Oil prices fell on Monday as rising production in the Middle East outweighed a decline in US output and a recent slide in the...
What’s behind the drop in oil prices?
The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February...
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...
Lack of solid market drivers dims crude oil price forecasts
This year oil prices will eventually struggle on weaker market fundamentals. The average Brent prices are expected to hold at around $107 per barrel...
Oil market to “move close to balance” in H2 of 2016
Evidence of falling U.S. production and a drop in supplies outside of OPEC will help the oil market "move close to balance" in the...
Crude Oil, Gold and Silver rise on weak Dollar
Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...
Oil and Gas Jobs in Demand
ENOC Applicants Double at Careers UAE 2010
ENOC, the Dubai Government-owned Oil and Gas Company announced today that the number of applications for oil...
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...
This is what happens when oil-rich nations can’t pay their bills
In the summer of 2014, the price of oil tanked, dropping from over $110 per barrel of Brent Crude to where it sits now...
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...
Five trends for the liquefied natural gas industry in 2013
As the world enters an era of tighter gas markets, the liquefied natural gas (LNG) industry promises hope, with new gas basin discoveries, innovative...
Oil prices will remain “low for long, at least 3-5 years”
Fareed Zakaria, host of CNN’s flagship foreign affairs program ‘Fareed Zakaria GPS’ will interview two Indian icons later today, Sunday 21st of February. India’s...
Oil prices fall again on weak data, output doubts
Oil prices fell in early Asia trade Monday, dragged by weak Chinese manufacturing data and dimming prospects of a coordinated production cut by world's...
Oil Current Overview and Outlook
WTI prices increase by 2.6% to USD105.11 per barrel in the review period
Increase in geo-political risk keep oil prices high
OPEC production (ex Iraq) increases...
Basra Oil & Gas International Conference & Exhibition Preview
Basra International Fair Ground
With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil...
World oil demand is projected to grow, according OPEC
Driven by global economic recovery, world oil demand is projected to grow 1.0 mb/d to 86.4 mb/d in 2011, according to OPEC Monthly...