OPEC and non-OPEC countries will exit from oil production cuts gradually and smoothly in order not to shock markets in the early part of 2019, when demand will…
Kuwait’s oil minister Bakhit al-Rashidi said on Wednesday there is no plan or intention so far to exit from a production-cutting agreement among OPEC and non…
The year 2017 witnessed record levels in oil and natural gas production and gas exports to Europe, which is the most important market for Russian gas. …
The Kuwait Petroleum Corporation (KPC) reception was packed with dozens of well-wishers on Thursday who came to congratulate Kuwait's new Minister of Oil and…
OPEC and Russia seem to be moving toward extending the oil production cut agreement until the end of 2018, but have hinted reconsidering the agreement when…
Despite talks about extending the oil cut deal up to six months, many sources affirmed that Thursday’s OPEC meeting will not carry any surprises since members…
Several states including UAE expressed optimism towards reaching an agreement regarding extending oil cut during Thursday’s oil markets' meeting, according to…
The oil market seems to be convinced that OPEC and non-OPEC producing countries will renew the current oil cut deal after it concludes in March. However, the…
