OPEC

Russia’s RDIF says to finalise Eurasia drilling deal with Aramco

The Russian Direct Investment Fund (RDIF) on Wednesday said it expected to finalise a deal with Saudi Arabia’s Aramco to…

Iraq needs $4bn for new downstream oil investments, as OPEC supply cut deal to wait until December

Jabar al-Luaibi, Iraqi oil minister said on Tuesday that the country needs $4 billion for new investments in its downstream…

Oil trades near $59 as IEA says 2018 will be year of higher demand

West Texas Intermediate crude oil steadied near $59 a barrel as the International Energy Agency warned that rising U.S. supply may…

Non-OPEC oil output, led by U.S., likely to grow more than demand- IEA

The International Energy Agency, IEA, said on Tuesday that the rise in global oil production, led by the United States,…

Oil prices rebound as stocks markets steady

Oil prices rose on Monday by 1 percent, moving in step with stocks. It is recovering at least some of…

U.S. crude oil inventories decrease again as oil prices rise

Oil prices rose  Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last…

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