Syed Rashid Husain

Despite not wanting to, Saudi Arabia is back in its role of the global swing producer. Updated 10 Jan, 2021 02:27pm

The impact of the pandemic would continue to influence global crude demand in 2021 too. Updated 03 Jan, 2021 09:08am

The UAE and Saudi Arabia have long sought to find alternative routes to bypass the Strait, including through pipelines. Updated 27 Dec, 2020 08:59am

The global oil industry needs some $12.6 trillion in investments through 2045 to meet the global demand, says Opec official. Updated 20 Dec, 2020 09:18am

With global oil demand declining, sooner than anticipated, the Russian Finance Ministry has begun preparing for lower revenues. Updated 13 Dec, 2020 10:02am

Opec+ will continue to meet every month, until March 2021, to decide subsequent monthly increments, to a maximum of 500,000 bpd. Updated 06 Dec, 2020 10:22am

For the first time in history, oil revenues would not cover salaries and subsidies, which have swelled since 2006. Updated 29 Nov, 2020 10:08am

Tough market conditions are endangering the very fabric of the group. Updated 22 Nov, 2020 09:57am

ON day one in the office, the US President-elect Joe Biden is vowing to take the US back to the Paris Convention on... Published 15 Nov, 2020 07:37am

Not long ago, oil demand was expected to peak around 110 million barrels per day. Updated 08 Nov, 2020 09:40am

If Trump wins a second term, he would continue his deregulatory push to expand federal areas to drilling. Updated 01 Nov, 2020 10:17am

Ominous clouds on the Gulf horizon may put the jobs of thousands of Pakistanis employed in that part of the world in jeopardy. Updated 25 Oct, 2020 10:05am

Job reductions in oil and gas upstream and large integrated companies probably have reached the 100,000-mark, says expert. Updated 11 Oct, 2020 09:45am

THE issue of climate change is beginning to impact the ‘crude’ horizon. Published 27 Sep, 2020 07:07am

Warning traders against betting heavily in the oil market, Saudi energy minister says he will try to make the markets “jumpy”. Updated 20 Sep, 2020 09:49am

Uncertainty about crude fundamentals remain unusually high. Updated 13 Sep, 2020 10:10am

This year may be the turning point for the energy world, Fatih Birol, executive director of International Energy Agency says. Updated 06 Sep, 2020 11:11am

Global oil demand is currently sitting at 89 per cent of pre-pandemic levels, states report. Updated 30 Aug, 2020 10:28am

Refiners face the ‘adapt-or-die’ scenario in the wake of the pandemic. Updated 23 Aug, 2020 10:35am

Oil markets are passing through an interesting phase, flashing bullish sentiments and bearish trends. Updated 16 Aug, 2020 10:29am