Oman to increase Oil production between 50,000-100,000 barrels per day
New oil discoveries in Oman is expected to increase the production by 50,000 to 100,000 barrels in the next two or three years.Read More
Oil prices hit $120 a barrel on Monday after Saudi Arabia raised crude prices for July and amid doubts that an increased OPEC+ Read More
Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a Read More
Oil prices dipped but were trading in and out of positive territory on Thursday as investors weighed up tightening Russian supplies and Read More
Oil slumped nearly 5% to its lowest in almost two weeks on Monday, extending last week's decline as concern grew that prolonged COVID-19 Read More
Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing prospect of new Western Read More
The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers' group should Read More
Oil producers who felt like outcasts at the COP 26 climate conference last year are now being treated like superheroes because their supplies Read More