OPEC

Adequate Oil Supply And Increase In Stocks Reported By Saudi And UAE

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Saudi And The United Arab Emirates Envisages Adequacy In Oil Supplies And Increase In Stocks ADEQUATE OIL – The top oil producers and exporters Saudi and UAE reported adequate oil supplies and rise in stocks last Sunday in a meeting. World oil prices dropped to it’s lowest in 2016 after twelve years. Few years after, … Read more

Saudi Arabia Keeps Stance on Oil Productions Despite Poor Prices

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The world’s leading oil producing country, Saudi Arabia keeps stance on their oil productions despite poor prices, as the commodity tumbled on Tuesday due to fresh 5.5-year lows as Saudi Arabia blamed the weak global economic growth and stated that would stick its guns on production policy. Based upon the US benchmark West Texas Intermediate … Read more