FeaturedOil & GasIEA says no impact on oil market despite US-Iran rowBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 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
Oil & GasKuwait determined to implement oil accord to support crude pricesInternational Finance DeskAugust 13, 2019 by International Finance DeskAugust 13, 2019 The country’s efforts stem from the need to reduce excess output which might result in falling prices... Read more
Oil & GasSaudi Aramco valuation gap might complicate its IPOInternational Finance DeskAugust 9, 2019 by International Finance DeskAugust 9, 2019 While Saudi Crown Prince Mohammed Bin Salman is insisting on a US$2 tn valuation, bankers value the company at $1.5 tn... Read more
Oil & GasRussia will decide OPEC oil cuts extension depending on the marketInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 President Putin said Russian companies have new plans to develop fields which “should be taken into account”... Read more
Oil & GasOPEC members to decide on oil prices this weekInternational Finance DeskJune 19, 2018 by International Finance DeskJune 19, 2018 OPEC is scheduled to meet this week in Vienna to discuss raising production rates, ahead of a meeting with Russia and non-OPEC members ... Read more
Oil & Gas‘Artificial’ surge in crude prices signals borderline market risk, economist warnsInternational Finance DeskApril 26, 2018 by International Finance DeskApril 26, 2018 Tressis Gestion chief economist Daniel Lacalle told CNBC, sudden surge in oil prices will help to indicate energy market’s upcoming critical point... Read more
EconomySector InsightMajority of OPEC members support extending oil output cuts, says Iran’s oil ministerInternational Finance DeskNovember 22, 2017 by International Finance DeskNovember 22, 2017 OPEC will meet at the end of the month to discuss the policy... Read more
Sector InsightTradingIran oil exports record 8-month riseInternational Finance DeskOctober 16, 2017 by International Finance DeskOctober 16, 2017 The rise came as Iran, together with Iraq took advantage of production cuts implemented by Saudi Arabia... Read more
EconomySaudis see no need to extend OPEC deal beyond six monthsInternational Finance DeskJanuary 18, 2017 by International Finance DeskJanuary 18, 2017 Following the announcement by Saudi Arabia’s Energy Minister Khalid Al-Falih on Monday, oil prices fell... Read more