Supported by the recent rally in oil and gas prices, most of the major international oil companies and oil and gas services companies reported strong financial performance and…
Oil Market Update: As expected in the Weekly Oil Price Commentary published on Monday, January 29, oil prices were under pressure early this week due to worse-than expected…
Back in 2014, Saudi Arabia was leading a market-share war against shale oil producers, the oil Kingdom refused to cut its oil output and led OPEC members -back…
An Overview of LNG Market in 2017: LNG production in 2017 jumped to a record high of 290m tonnes, up by 12 percent from 2016. The increase in…
Like I said earlier, oil prices will continue to climb supported by OPEC/non-OPEC oil output cut until it reaches a level high enough to encourage U.S. oil producers…
Without doubt, there will be various parameters that will play its role in setting the direction of oil prices in 2018. However, the most parameter and the one…
Oil Price Commentary: Thanks to the new year holiday, and due to the current unrest in Iran -one of the largest oil producers in OPEC, oil is set…
Heading into 2018, a number of big banks raised their 2018 oil prices forecasts. As usual, among the most bullish is Goldman Sachs. The bank raised its 2018…
Numbers doesn’t lie. A closer look at the oil production of both USA and KSA over a period of one year since OPEC’s oil output deal in Nov.…