Qatar petrol prices to go up in July
The cost of petrol will increase by 10 dirhams a liter next month, the Ministry of Energy and Industry has announced. This marks the first noticeable increase…
oil
Total will operate Qatar’s biggest oil field
Total SA was chosen by Qatar Petroleum to operate the country’s biggest oil field, replacing AP Moeller-Maersk A/S in running the reservoir responsible for more…
Saudi oil reserves drawn down
The U.S. has seen several weeks in which the levels of crude oil sitting in storage have declined, falling from 80-year record highs. Inventories have…
Saudi Arabia Is Changing Its Tone In The Oil Market
Saudi Arabia is talking the oil market up lately. That’s a big change from a few months when it was talking the market down. In…
Saudi Arabia’s Oil Reform is politically risky
On June 7, Saudi Arabia laid out its National Transformation Plan to shift away from an oil-based economy. To do so, the plan’s architect, Deputy…
Saudi Arabia, the world’s number five oil consumer
Never let it be said that the Saudis aren’t doing their fair share to boost oil prices. The last two meetings of the Organization of the…
Rosneft’s Sechin: Saudi Arabia, US and Russia dictate terms on oil markets
Igor Sechin, the head of Russia’s top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main…