GCC Petrochemical Sector in Q1 of 2013
GCC Petrochemical Sector Quarterly – 1Q13
• GCC petrochemical capacity grew by 5.5% YoY during 2012
• Sector profit fell by 7.9% YoY but was up...
Valued over $1 trillion Saudi Aramco IPO could go global
As part of a privatization drive, Saudi Arabia is considering an IPO of Saudi Aramco, the world’s biggest crude oil producer, deputy crown price...
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 Inventory Data – In-Depth Look
Analysis and discussion with John J. Licata of Blue Phoenix talking about the latest oil inventory data.
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...
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...
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...
Crude Oil Prices Extend Gains
Crude oil prices extended gains in early Asia trade Monday as the market turned more bullish on expectations of smaller supply and growing demand.
On...
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...
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...
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...
OPEC Oil Production climbs to 31.27 million barrels per day in...
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...
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...
Oil rig count drives crude prices, not Brexit
Oil futures settled with a loss of almost 5% on Friday as the U.K. voted to leave the European Union, raising concerns over the...