Australia overtakes Qatar as top global LNG exporter  Arab NewsLONDON: Australia has become the largest exporter of liquefied natural gas (LNG) in the world, overtaking Qatar for the first time, according to data published on ... Read more http: …

Iraqi oil minister expects prices to rise over time  Arab NewsBAGHDAD: Iraqi Oil Minister Thamer Ghadhban said on Monday he expected the fall in oil prices to stop and for prices to rise over time, adding that if OPEC had ... Read more http://ww …

Why oil's 'big three' just got bigger: Saudi Arabia, Russia and the US are still calling the shots  Arab NewsDUBAI: The meeting of the Organization of Oil Exporting Countries (OPEC) in Vienna last week confirmed what some in the oil industry have …

Exemptions to have little bearing on oil cuts impact  Arab NewsThe cooperation between OPEC's 15 members and a group of non-OPEC nations led by Russia, known as OPEC+, is set to enter its third year after an ... Read more http://www.arabnews.com …

Arab NewsUAE ramps up oil and gas output as Iran sanctions hitArab NewsDUBAI: UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect. State-run ADNOC, base …

Arab NewsIran tankers go dark to keep selling oilArab NewsTEHRAN: Working from their small offices in Stockholm, analysts at a new watchdog that monitors global oil shipments have been run ragged by Iran's efforts to skirt US sanctions this month. In l …

Arab NewsUncaged bears see oil prices make fast retreatArab NewsOil prices and stock markets went into a steep decline over the past week, as international organizations warned of growing signs of weakness in the global economy. Midweek, the bears were unc …

Arab NewsWorld's biggest traders see oil at $65-$100 a barrel next yearArab NewsWorld's biggest traders see oil at $65-$100 a barrel next year. Traders expect oil storage tanks worldwide to start emptying amid reduced global supplies caused by sanc …

Arab NewsRising oil prices creating rumors and fake newsArab NewsAs anticipated, oil prices continued rising amid stronger demand. Prices reached levels not seen in four years. Brent crude rose to $84.16 per barrel. WTI rose to $74.34 per barrel. The Brent …

Arab NewsIraq's Basra Oil, Chevron agree to implement MOU to develop oil fieldsArab NewsDUBAI: Iraq's state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop fields in the south of the country, …