Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
Read More »OPEC Agreement did not Specify Oil Production Increase
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »Siemens to Supply Three Large Gas Turbines to Dubai
The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »Oil Rises on Libya Export Worries
Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Oil Markets Tense amid Outages. OPEC Policy and Trade Rows
US West Texas Intermediate crude futures was 35 cents higher at $68.43 a barrel.
Read More »Brent Oil Drops 2 Percent in Asia
Brent is flashing red in Asia. possibly because traders expect output to rise. courtesy of OPEC deal.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
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