In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Shell Gave Green Light for UK North Sea Project
Production in the UK North Sea has steadily declined since the late 1990s.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »US Forces Europe to Abandon Russian Gas
Russia plans to build the Nord Stream 2 natural gas pipeline under the Baltic Sea to Germany.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Iran`s Light Crude Oil Price up $1.8 in a Week
Iran'.s light oil price was reported $64.57 on average since the beginning of 2018.
Read More »President Calls for Mobilization to Rescue Oil Tanker Crew
The Iranian tanker carrying condensates collided with a Chinese freight ship in East China coast last Saturday.
Read More »Supreme Leader Offers Condolences over `Bitter. Heartrending` Tanker Incident
The Iranian Cabinet declared Monday. January 15. as a nationwide day of public mourning over the tanker disaster.
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