Saudi Arabia to decrease oil production in order to reduce excess oil stockpiles

Saudi Arabia plans to decrease its oil production and exports to facilitate reduction of excess.

Bahrain : Authorities arrest four people linked to oil pipeline blast

  According to a statement issued by Bahrain’s Interior Ministry, authorities have arrested four members.

Kuwait Petroleum Corp expects to spend over $500 billion

US oil prices extended modest profits on Thursday as OPEC’s strong compliance with a supply.

Oil could struggle to top $70 in 2018 – analysts – Energy,GCC,Middle East

Oil prices are unlikely to advance much higher than $70 a barrel in 2018, with.

Oman signs deal with Lebanese Company Petroleb for oil and gas Exploration

    Oman has recently joined hands with Lebanese company Petroleb. This move came about.

Crescent Petroleum CEO predicts surge in oil price to $80

  One of the largest oil and gas companies in the Middle East, Crescent Petroleum’s.

It’s not the price of oil which will determine the future of the country but it is the political reform

In a wide-ranging interview with Saudi paper Arab News, S&P’s global chief rating officer Moritz.

Saudi oil minister Khalid al-Falih says oil cuts not likely to be executed in June

    Khalid al Faalih informed on Wednesday than OPEC and its non-OPEC allies will.

Kuwait’s banking sector will see growth as oil prices rise in 2018 : BMI Report

  According to a new report by BMI, rising oil process in the country will.

Kuwait is facing “lower-for-longer” oil prices

According to the International Monetary Fund (IMF), Kuwait is going through “lower-for-longer” oil prices from.