Trump repeated his belief the existing Iran accord is ‘a horrible agreement for the United States’
oil producer
Global oil demand
Global oil glut nearly over, says IEA
OPEC’s plan to curb oversupply in the market is nearing 100% success, according to the agency
Crude price
Oil erases gains as traders shrug off rising Middle East tension
Oil last week posted its biggest weekly advance since July
crude oil
US shale surge offsets lowest Saudi oil imports since 1980s
US frackers ramped up production as prices rose toward $60 a barrel late in the year
oil producer
OPEC chief expects 2018 oil market balance
UAE energy minister Suhail al-Mazrouei said cuts in January exceeded the percentage required in the deal
Abu Dhabi
Video: UAE Energy Minister on OPEC Alliance, Oil Inventories
United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei discusses oil inventories and maintaining OPEC’s alliance with other producers including Russia.
Global oil demand
Oil drops toward $60 on dollar strength and US supply concerns
Fears are emerging over surging US shale production and stockpiles
Aramco IPO
For timing of Aramco IPO, watch forward oil price curve
Kingdom wants long-dated oil price ideally at $70 per barrel
Global oil demand
OPEC sees higher 2018 oil demand, but more rival supply
World oil demand to grow faster than expected in 2018
ADNOC
Abu Dhabi’s Al Dhafra Petroleum to produce 40,000 bpd of oil by 2020
Al Dhafra is a joint venture between ADNOC, Korean National Oil Corporation and GS Energy
Abu Dhabi
Abu Dhabi’s TAQA swings to annual profit, helped by higher oil prices
TAQA had been under pressure because of weak oil prices in the previous few years
Brent
Oil prices fall on strong dollar, Brent near one-month low
Brent was down 68 cents, or 1 percent, at $67.91 a barrel
Brent
More than just OPEC underpins 49% surge in crude oil pricing
An array of international events in the Middle East and elsewhere contributed to the price rise as the year rolled to an end
crude oil
Oil marches higher towards $70
OPEC-led group is facing the challenge of rising US crude output
low oil price
Oil prices dip on pre-OPEC nerves
2016 output deal has helped to reduce a global glut that had sent oil prices plummeting to less than $30 per barrel
crude oil
Oman crude exports slip by 8.7 percent
China imports the vast majority of Omani crude, according to government statistics
Crude price
UAE joins gathering consensus to extend oil output cuts
Output cuts by OPEC and other producers such as Russia and Oman have started to pay off