Julian Lee | Al Bawaba

Julian Lee latest

Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)

July 24th, 2017 - 10:24 GMT

What to Expect From Today's OPEC, Non-OPEC Meeting?

Six OPEC and non-OPEC ministers today are due to discuss the market outlook and compliance with output cuts.

Baghdad has tried to block the KRG from exporting oil on its own, citing a constitutional clause making the central government responsible for oil shipments and revenues.

August 24th, 2014 - 03:55 GMT

The fine line between confidence and audacity: Kurdistan 'ready to quadruple" its oil exports

Last month the Paris-based International Energy Agency too conceded that the US was the biggest producer of oil and natural gas liquids.
In view of the growing US supplies, the OPEC too is cutting forecast of demand for its own oil by 300,000 barrels a day next year.

July 13th, 2014 - 10:29 GMT

A defining moment has arrived: why demand for OPEC oil will never be the same

Most forecasts of global GDP growth next year are between 3.5-4.0 percent, suggesting modest growth in oil consumption

September 21st, 2011 - 07:09 GMT

Oil downside risk rises as outlook for global economy, fuel demand dims

Al Bawaba

February 4th, 2001 - 02:00 GMT

Oil majors drool over new Kazakh oil find