International

The Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms.

The event then will feature a presentation on the pace of oil market development.

OPEC+ provides main support to the oil market.

Rystad Energy forecasts that some operators in Venezuela will run out of naphtha by this month.

The IEA warned that the oil industry is in danger of creating a major supply gap in the 2020s.

Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.

The Indian market is crucial for Venezuela’s economy.

The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.