Tag: Crude Oil
Middle East’s crude oil attracts Asian refiners like never before
Oil buyers in Asia are increasingly turning to heavy sour crude oil grades from the Middle East, which as a result, have seen their...
OPEC+ could extend production cuts if required; Algerian Energy Minister
With an all-important higher-level meeting around the corner, the Algerian Energy Minister Mr. Abdelmadjid Attar has suggested that OPEC+, the global body of major...
Balanced and stable oil market is essential for post-pandemic recovery; OPEC...
The seventh high-level meeting of the OPEC-Russia Energy Dialogue, hosted by OPEC confirmed that a balanced and stable oil market is a prerequisite for...
Russia sways OPEC+ to check global production boost
OPEC+, the global organization of oil-producing economies including Russia is reportedly leaning towards maintaining the current production restrictions for three more months amid speculations...
The global oil market may rebalance by 2021; Industry Leaders
Leading energy market researcher and analyst Energy Intelligence has quoted Mr. Amin Hassan Nasser, CEO of Saudi Aramco stating that the global oil demand...