Saudi Foreign Reserves Edge Up Over April

...art).   *Nevertheless, sizeable increases are on the cards, with Minister of Finance Muhammad al-Jadaan telling the Financial Times last month that surplus oil revenues will be used to replenish reserves.   *After peaking at $737bn in August 2014, foreign reserves tumbled when oil prices crashed in th...

Oil Investment Collapse Risks Future Shortfall-IEA

...pes out the modest increases in spending since the 2016 nadir, it leaves expected 2020 spending at a mere 42% of 2014’s peak outlay. And this is in nominal terms – in real terms the fall is much larger. *Unlike the 2015-16 spending slump, when the effect of capex cuts was mitigated by falling up...

Suez Canal Revenues Rise To $479mn In April, Highest Since 2014, As Gross Tonnage Hits Record 86.3mn

Benchmark Crude Prices ($/B)

...OIL PRICES     28-May 18-22 May 11-15 May Apr-15 Mar-15 Q1 2015 YTD 2015 Q4 2014...

Benchmark Crude Prices

...Benchmark Crude Prices ($/B)   29 May 19-23 May 12-16 May Apr-14 Mar-14 Q1 2014 Q4 2013 20...