Africa seen as future of oil and gas industry despite challenges
Africa has never really had a strong voice in shaping global oil and gas industry despite being home to 8 percent of the world’s
Iran accuses OPEC, allies of improper distribution of crude production quotas
Iran is accusing the organization of petroleum exporting countries (OPEC) and its allies of improperly redistributing crude oil
Oil prices fall as Trump Tweets demands price cut
Oil prices fell to nearly $74 on Thursday after U.S. President Donald Trump tweeted demanding that OPEC cut prices for crude,
Oil rises as outages balance trade dispute
Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from
OPEC’s 2.19m barrels spare capacity no threat to Brent in 2018 – BMI
BMI Research, a Fitch Group company, has indicated that the 2.19 million barrels per day of spare production capacity of Organization
Oil slides toward $57 on signs U.S. gasoline stockpiles expanded
Oil dips toward $57 per barrel after industry data showed U.S. gasoline stockpiles expanded for the first time in four weeks. Futures
OPEC crude output drops to six-month low as total production fell 80,000 bpd in November
Crude production from the Organization of Petroleum Exporting Countries dropped again in November to a six-month low. Total production
Crude oil prices mixed as all eyes on OPEC meeting this week
Crude oil prices were mixed in Asia Monday as the market turned cautious ahead of a key OPEC meeting near the end of the week to
Oil trades near two-year high as U.S. stocks shrink ahead of OPEC meeting next week
Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles resumed
OPEC needs to consider political risk pushing up prices- IHS Markit
OPEC’s second-biggest exporter of crude oil, Iraq is lurching between quota busting and production-crimping crisis, clouding the