Global Energy Industry News

Russian Energy Minister Says Oil Output Cuts to Start in January

December 12, 2016
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By hellenicshippingnews Russia’s oil producers have started preparations to meet the nation’s pledge to curb output as part of the “historic” pact between OPEC and 11 producers outside the group, Energy Minister Alexander Novak said. “The first stage of the cut we will see as soon […]

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Forecast higher oil prices next year: BMI Research

December 6, 2016
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Marina Petroleka, global head of industry at BMI Research, explains why oil prices will be stronger in 2017. Read full story ›

Source:: CNBC energy […]

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India’s demand for oil is increasing

December 6, 2016
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Simon Flowers at Wood Mackenzie discusses how India will deal with potentially higher oil prices. Read full story ›

Source:: CNBC energy […]

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Stable oil market vital for India, says Opec

December 6, 2016
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By hellenicshippingnews On a day when the crude prices touched a 16-month-high of $55 a barrel fuelled by the decision to cut production by the Organization of the Petroleum Exporting Countries (Opec), the oil producers body Monday stated that a higher stable oil market, which will […]

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