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Experts. including Mark Mobius of Franklin Templeton. are betting on a subdued dollar to push the price of oil to a high of $100 a barrel by next year.
Read More »OPEC Countries Plan Super Group to Stabilize Oil Market
OPEC Needs Better Way to Track Crude Inventories
Since the OPEC non-OPEC production reduction was agreed to in November 2016. the producers haven’t publicly disclosed how this benchmark is defined.
Read More »Modi. Rouhani to Talk Chabahar Port. Regional Security
Mutual concerns over regional security. especially the situation in Afghanistan. should also come up for discussions between Rouhani and Prime Minister Narendra Modi.
Read More »Greece Accuses Turkey of Violating Int`l Law
Greece'.s Foreign Ministry has rebuked Turkey'.s disregard for international law as a ".blatant violation". of Cyprus'. sovereign rights.
Read More »Putin: West Will `Tire` Of Sanctions Soon
The United States. the European Union. and others have imposed sanctions on Russia.
Read More »Pouyanne Urged Trump to Stick with Iran Nuclear Deal
Total reported higher profits last week. and announced plans for a $5 billion share buyback and a dividend increase.
Read More »Maduro Propose to Oil Producing States Cryptocurrency Mechanism
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »Bob Dudley: 2017. One of Strongest Years for BP
Payments related to the Gulf of Mexico oil spill in 2010 totalled £3.7billion in 2017. down from £4.9billion in 2016.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »Putin: No Need to Be Afraid to Talk about Shipments of Russian Gas to US
Yamal LNG is located in the Russian Arctic.
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