International

Shale output from the United States stays higher for longer. reshaping global markets. trade flows and security.

A deal will almost remove that dark cloud that had engulfed the global economy.

Russia has become a leading supplier of crude oil to China - it supplied 67 million tonnes in 2018. which is worth more than $35 billion.

International energy firms will be invited to participate in India’s privatization of state-owned oil companies.

Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.

OPEC and its partners are due to meet next month in Vienna.

Rising climate activism in the West and widening use of alternative fuels are putting the strength of long-term oil demand under more scrutiny.

Aramco formally announced a plan this week to launch an IPO on its domestic exchange on Dec. 11.

US crude exports to China climbed as high as 469.000 b d in March 2018.

Plans for the IPO were first announced in 2016 as part of Saudi Arabia’s Vision 2030 economic overhaul programme.