Moderate increase in price of crude
A faster than expected second quarter growth in the U.S. economy and Germany’s agreement on Euro nations bailout helped crude rebound a bit from...
UAE Gas Prices Among the World’s Most Affordable
Gasoline prices in the United Arab Emirates are the sixth cheapest in the world. This was revealed by new data collected by Bloomberg. According...
Are Oil Majors Ready to Become Part of The Climate Change...
The list of companies making deep pledges on the environment is growing longer by the day. About one-quarter of Fortune 500 businesses now have...
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...
EIA expects oil to reach $103 a barrel till year end
The Energy Information Administration of the Department of Energy predicts that the Brent crude oil spot price will reach about $103 per barrel during...
45 Oil and Gas Transactions in MENA, up 14% from 2011
With an average of over four transactions announced globally every day in 2012, the oil and gas sector has remained one of the most...
Oil rallies on bargain hunting, renewed optimism
Crude-oil futures rallied 3.4% on Thursday, as bargain-hunting spread encouraged by U.S. stocks gain, driven by renewed optimism about the U.S. economy into most...
OPEC issues Oil Market Highlights for May
The OPEC Secretariat has issued its monthly oil market report for May 2013.
Following are oil market highlights from the Monthly Oil Market Report by...
Recovery in Dubai crude price provides some relief to upstream producers...
Moody's Investors Service says the recovery in the price of Dubai crude will provide some support to upstream oil companies, which have seen their...
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...
IMF Increases Next Year’s Middle East Growth Forecast to 4.2%
The International Monetary Fund increased its 2010 economic growth forecast for the Middle East to 4.2 percent from 3.7 percent after oil prices rose.
“The...
OPEC raises 2013 forecast for world oil demand
Global demand for oil is now expected to grow more than previously estimated, according to the Organization of the Petroleum Exporting Countries monthly report...
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...
Regional Markets To Follow Developments On OPEC+ Deal
Global equity markets recorded a negative performance during the week as economic indicators have started reflecting meaningful impact to growth, pushing the world into...
Energy Outlook – Oil consumption grows in second half
How High is Oil Headed? - Analysis and Discussion with Lawrence Eagles of JP Morgan Chase & Co.
OPEC provides above oil market needs
OPEC pumps 1.62 million bpd above target in April
Global demand growth in 2012 rises to 900,000 bpd
OPEC is currently producing enough oil to keep...
Price of Dubai crude oil for July delivery set in parallel...
The Department of Oil Affairs has announced that official price of Dubai crude oil, which will be delivered next July will be equal to...
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...