Featured Oil & GasTrump, US oil companies to discuss tariffs on Saudi oilInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House... Read more
Featured Oil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
Featured Oil & GasAramco to cut refinery runs to sustain high oil output through MayPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 Aramco to continue supplying crude at a record rate of 12.3 bpd... Read more
Featured Oil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
Featured Oil & GasAramco to increase crude production amid price warPritam BordoloiMarch 11, 2020 by Pritam BordoloiMarch 11, 2020 The company will increase production by 300,000 barrels per day... Read more
Featured Oil & GasAs global oil prices fall, Petrobras’ shares plungePritam BordoloiMarch 10, 2020 by Pritam BordoloiMarch 10, 2020 A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024... Read more
Featured Oil & GasGlobal oil prices plunge as Saudi-Russia negotiations collapsePritam BordoloiMarch 9, 2020March 9, 2020 by Pritam BordoloiMarch 9, 2020March 9, 2020 Saudi Arabia decides to cut prices by nearly 10%... Read more
Featured Oil & GasSaudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demandInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd... Read more
Featured Oil & GasIEA says no impact on oil market despite US-Iran rowInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Oil prices have fallen after leaping $4 per barrel... Read more
Oil & GasSaudi, Kuwait joint Khafji field to produce 320,000 oil bpd by 2020 endInternational Finance DeskDecember 26, 2019January 24, 2020 by International Finance DeskDecember 26, 2019January 24, 2020 The Kingdom has signed a deal with Kuwait on resuming oil production... Read more