US Energy Information Administration | Al Bawaba

US Energy Information Administration latest

Saudi Arabia crown prince Mohammed bin Salman. (AFP)

August 15th, 2018 - 08:25 GMT

Saudi Arabia Gears for a Future Without Oil

Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.

While the IEA expects the US to gradually become independent of oil imports, it also predicts Asian countries to end up consuming up to 90 per cent of the oil produced in the GCC region.

August 18th, 2013 - 12:32 GMT

Will the Middle East continue to dominate the oil market?

The market reached an estimated $5.027 trillion in 2011

May 27th, 2013 - 09:44 GMT

Global refining industry to reach $7.78trn, with good growth potential

As demand for oil eased, prices dropped

April 14th, 2013 - 08:47 GMT

Oil prices hit nine-month low

OPEC is expecting lower oil demand this year

April 11th, 2013 - 09:13 GMT

OPEC cuts oil demand forecast as global bodies lower predictions

China has overtaken the US as the world's largest net importer of oil, according to a new report

March 5th, 2013 - 08:53 GMT

China overtakes US as 'world's largest oil importer'

It estimates that Iran lost over $40 billion in export revenues in 2012 or about $3.4 billion per month

February 25th, 2013 - 08:42 GMT

Iran oil to continue to slip - IEA

Egypt is set to announce details of an important gas auction

October 18th, 2012 - 09:48 GMT

Egypt looking set to be cooking with gas

World oil Supply

August 6th, 2012 - 10:18 GMT

Opec hits a July oil low and its down to Iran

Crude trading volumes remained reduced in the holiday week, with Brent volume on Tuesday 76 percent below the 30-day average

December 28th, 2011 - 09:43 GMT

Brent crude oil steadies above $109, Iran threat supports

Al Bawaba

September 26th, 2011 - 01:32 GMT

Turning around Iraq’s oil sector

The sanctions will not hurt Syria, Syria will remain standing on its own two feet, there is no problem as long as its local needs are secure

September 11th, 2011 - 09:05 GMT

Syria shrugs off sanctions, eyes China oil sales

Al Bawaba

July 25th, 2011 - 07:13 GMT

Yemen gets Saudi crude oil as fuel shortages spread