January 18, 2018
oil and gas

Oil Market Rebalancing

After long years of punishingly low oil prices, the global oil market is moving closer to reaching a healthy balance between supply and demand, Opec said […]
January 14, 2018
opec

Oman to host OPEC meeting

Oman will host OPEC’s 7th Joint Ministerial Monitoring Committee (JMMC) meeting on January 21. This is the first time Oman has hosted an OPEC meeting. The […]
November 28, 2017
opec

OPEC sees market rebalancing after June

Oil markets will rebalance after June 2018 at the earliest, an OPEC working panel concluded last week, OPEC sources said on Monday, signalling the need to […]
November 26, 2017
Saudi Aramco

Aramco Sees Oil Market Balanced

Global crude inventories are declining and supply and demand are in balance, according to the head of Saudi Aramco, while the United Arab Emirates energy minister […]
November 18, 2017
Saudi Oil

Oil market to remain oversupplied by March 2018

The world will still have a surplus of oil by end-March next year, Saudi Arabia’s energy minister said, signalling a willingness to extend output cuts when […]