Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Saudi Arabia to Throttle down the World`s Oil Supply it Threatened
Saudi Arabia is the world'.s largest oil exporter.
Read More »Current oil Market Forces are out of OPEC`s Control
India has expressed ``discomfort`` with the high oil prices.
Read More »China Turns Its Back on US Oil
China is not the only country that is opposed to reinstating sanctions on Iran.
Read More »India Considers Payment System for Iranian Oil Imports
India wants to keep importing oil from Iran. because Tehran offers some discounts and incentives for Indian buyers.
Read More »Iraqi Oil Company Considers Rising Output
The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »India will Continue Iran Oil Purchases despite US Sanctions
India is weighing developing an alternative payment system to purchase Iranian crude oil.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »India. Russia Cooperation on Russian LNG. Oil Field Development
India has embarked on the path of becoming a gas-based economy.
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