Exclusive: Mideast Tensions Unlikely to Push Oil to $100
In an interview with Al Arabiya's Hadley Gamble, ENI's CEO Claudio Descalzi dispelled the notion that oil prices might hit $100 by the year-end...
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...
Global oil market oversupplied
U.S. crude oil futures ended lower for the fourth session in a row last Friday, May 14, and extended losses for the second straight...
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...
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...
Can Saudi Arabia Still Sway The Oil Market?
Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the...
Commodities Wide Rally
Oil, copper, platinum, gold, silver lead the gains in the hope that demand will rise as the global economy recovers. Prices have rise in...
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...
Oil prices officially charged into a bull market
Crude oil prices have advanced more than 20% from their August 2nd low over the past several sessions, signifying a bull-market run.
According to market...
World Oil Demand Growth Unchanged in June; EIA Cuts Forecast
· WTI crude oil price rose by 2.6% to USD94.54 per barrel
· World oil demand growth remains almost unchanged at 0.80mnbpd in 2013
· EIA...
Oil Outlook: Market drawn by speculation for short term
Analysis and Discussion with Stephen Schork of the Schork Report
Current levels of Oil Prices “acceptable and reasonable” for Producers &...
Current levels of oil prices in the range of 70-80 dollars per a barrel are ''acceptable and reasonable'' for both producers and consumers, H.E....
Reduced Demand For Global Oil Supply May Be Permanent
Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for...
Oil vs The Market
Analysis and discussion with Stephen Schork of the Schork Report saying that the better place to look into invest maybe natural gas after surging...