Energy Policy

Turkey is interested in supplying energy resources of the Caspian basin to the world markets.

OPEC and its partners launched a new round of output cuts at the beginning of the year.

The UAE can raise production to 3.5 million barrels per day. only if needed.

Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.

Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.

Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.

The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.

All the signs are that US-China trade talks are progressing well.

Energy consumption worldwide grew by 2.3 percent in 2018.

Iran’s production has declined by 860.000 bpd since the third quarter of 2018.