Producers have already done a lot to ensure the market is well supplied.
Read More »Europe Eyes on Libya and Nigeria to Keep Oil under $100
After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Iraq Will Stop Kirkuk Oil Exports to Iran
Kirkuk is one of the biggest and oldest oilfields in the Middle East.
Read More »Libya Expects Output to Reach Qaddafi-Era Levels
North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Venezuela has the Biggest Crude Oil Reserve in the World
Tthis country is the biggest in terms of crude oil reserves.
Read More »A New Era for Oil
Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.
Read More »Oil Market Eyes on Saudi Arabia to Moderate Impact of Iran Sanctions
Sanctions on Iran are expected to remove about 1 million barrels a day from the world market by the end of the year.
Read More »OPEC. Allies could Sign ‘Open-Ended’ Cooperation Deal in December
Russia will take leadership for the new secretariat.
Read More »It will Be Harder for Iran Oil Importers to Get Waivers
Iran’s oil exports could fall by as much as two-thirds due to the sanctions. straining oil markets.
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