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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...
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