13 December 2018
In the run up to the OPEC+ meeting in Vienna, Qatar announced it will be leaving the cartel next year after almost 60 years of membership as relations with its neighbours has soured. This decision...
08 December 2018
​His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, led Qatar’s last delegation to the meetings of the Organization of the Petroleum Exporting Countries OPEC, in the...
01 July 2018
OPEC and Russia (‘OPEC+’) wound up their meetings last week by agreeing on a production increase for the first time in nearly two years. While details remaincloudy with no formal output targets...
24 June 2018
The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, affirmed in Vienna that the health of Qatari economy is very robust, and the country is striving to boost energy production...
22 June 2018
Minister of Energy and Industry H E Dr Mohammad bin Saleh Al Sada, warned of the impact of the slow return of investments to the oil sector on the market supply. In his speech at the 7th OPEC...
20 May 2018
Oil prices reached new highs for the year last week, peaking at USD79/barrel with the last leg up given mainly by the news that the US is withdrawing from the international nuclear deal with Iran. As...
20 January 2018
All has been well in the global oil market lately. Prices briefly crossed the USD70 per barrel (/b) mark last week – their highest level in three years – and had been rising throughout most of the...
14 October 2017
Oil prices have hovered around their highest levels of the year over the past few weeks, reaching a two-year high of USD59/b in late September. The bullish sentiment in the market reflects four major...
15 September 2017
Oil prices are expected to hold between $50 and $60 a barrel as bloated global stocks fall after a deal between OPEC and other producers to trim output, BP Chief Executive Bob Dudley said on Thursday...
05 August 2017
Oil prices held up for most of the first half of 2017, averaging USD54/b up to the end of May following the agreement at the end of 2016 between OPEC and some major non-OPEC producers to restrict...
08 July 2017
Oil prices have been considerably volatile in the last few weeks, having been range bound between USD50/b and USD55/b prior to that. Underlying such swings is a tug-of-war between rising oil output,...
04 June 2017
OPEC, along with a number of other non-OPEC major producers, recently extended their 1.8m barrels per day (b/d) output cut agreement from end-June 2017 until March 2018. We examine the reasons and...

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