U.S. crude exports have surged since the nation lifted all restrictions on overseas shipments in late 2015.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman
Oman posted double-digit fiscal and current account deficits over the past few years.
Read More »Asia`s Oil Refiners Racing to Secure Crude Supplies due to U.S.-China Trade War
U.S. crude oil is not on the list of 545 products the Chinese government has said it would immediately retaliate with in response to American duties.
Read More »Indian Market Good Destination for US Oil Producers
US oil producers likely to eye Indian market as tariff war with China escalates.
Read More »Abu Dhabi Ports Signs Pact with ADNOC Unit to Manage Oil Spills
The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.
Read More »Libya’s NOC the ‘Only Legitimate Entity’ for Oil Management
Haftar had claimed that oil money was being used to support terrorists.
Read More »5 World Powers Back Iran`s Oil Exports Despite US Sanctions Threat
Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.
Read More »CNPC. ADNOC to Sign Exploration. Refining Deal
ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.
Read More »Saudi Aramco IPO may Not Happen
A decision on what to do rests in the hands of Crown Prince Mohammed bin Salman.
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