Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
Read More »Asia`s Oil Imports Slow as Economic Growth Pauses
U.S. President Donald Trump has introduced numerous tariffs on imports.
Read More »Eni Agreed to Merge Its Norwegian Business with Point Resources
The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.
Read More »Saudi Arabia to Cut Aug Arab Light Crude Price from 4-yr High
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Tesla to Produce Massive Battery System
The cost of battery storage continues to drop throughout the industry.
Read More »Iran Exports 2.6mbd of Crude Oil. Gas Condensates in June
The average price of Iranian oil since the beginning of the current year has been over 66 dollars per barrel.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
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