Gulf Times - oil
Opec-GECF energy dialogue focuses on impact of Covid-19 on global economy, oil and gas markets

Opec-GECF energy dialogue focuses on impact of Covid-19 on global economy, oil and gas markets

An Opec-GECF energy dialogue through webinar focused on the impact of Covid-19 on global economy, oil and gas markets, medium- and long-term energy market assumptions and perspectives ...

Oil market gradually recovers; will we see $50 for a barrel?

Oil market gradually recovers; will we see $50 for a barrel?

Oil demand may not fully recover to pre-epidemic levels until 2022 at the earliest, according to a new report from the International Energy Agency (IEA).

Convergence and divergence between oil and natural gas prices

Convergence and divergence between oil and natural gas prices

The Coronavirus pandemic has had a devastating impact on global oil markets, but natural gas companies are also facing declines.

Global oil industry sets eye on oil demand recovery, upcoming oil price cycle

Global oil industry sets eye on oil demand recovery, upcoming oil price cycle

Will oil markets recover soon? Why is the upcoming oil price cycle so important to the world? Partial recovery in oil and the start of fuel demand in Asian markets!

Asia key to global energy demand growth; oil remains a valuable commodity

Asia key to global energy demand growth; oil remains a valuable commodity

The global oil sector suffers from a combination of negative oil prices, excess storage space, declining demand, and calls for a renewable energy revolution in the post-Covid-19 era.

Nigeria files graft charges against ex-minister over oil scandal

Nigeria files graft charges against ex-minister over oil scandal

Nigeria's anti-graft agency said Tuesday it had filed corruption charges against a former justice minister over a $1.3 billion dollar oil scandal involving international majors Shell and Eni.

Opec and allies agree to deepen oil output cuts

Opec and allies agree to deepen oil output cuts

Opec and allies led by Russia on Thursday agreed one of the deepest output cuts this decade to prevent oversupply in a deal that will apply for the first three months of 2020.

Iraqi protesters shut roads to ports, oil fields

Iraqi protesters shut roads to ports, oil fields

Anti-government demonstrators in southern Iraq shut roads to two major ports and a key oil field Wednesday, port officials and AFP correspondents said, leading to a brief operational halt.

Iran says oil field found with 53 bn barrels of crude

Iran says oil field found with 53 bn barrels of crude

Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reserves by over a third.

Future of automotive industry and its impact on oil and gas producing countries discussed

Future of automotive industry and its impact on oil and gas producing countries discussed

Energy expert and former Austrian Foreign Affairs Minister Dr Karin Kneissl tackled the ‘The Future of the Automotive Industry and Its Impact on Oil and Gas Producing Countries’ in her lecture, held recently in Doha.

Russia will find ways to help Cuba get oil, says Medvedev

Russia will find ways to help Cuba get oil, says Medvedev

Russia will find ways to help Cuba secure supplies of oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday.

Saudi attacks raise spectre of oil at $100

Saudi attacks raise spectre of oil at $100

The oil market will rally by $5-$10 per barrel when it opens today and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.