Tripoli was shaken by clashes between rival armed groups at the beginning of this month.
Read More »US Rig Count Holds Steady as Oil Prices Slip
The oil and gas rig count is now 104 up from this time last year.
Read More »Aramco Raises Production. Cuts Pricing on most Crudes to Asia
Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.
Read More »Asian Markets Share Fall on Trade. Emerging Market Anxiety
The financial crises in Argentina and Turkey have sent shivers through emerging markets.
Read More »Saudi Wealth Fund Plans to Diversify Oil-Based Economy
When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.
Read More »Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »China`s Slowing Oil Demand is a Concern for the Middle East
Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.
Read More »Saudi Arabia to Implement Oil Pipeline through Yemen to Arabian Sea
The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.
Read More »US Oil Production Rises as Texas Ups Drilling
Output in Texas. the nation'.s largest gas producer. increased 1.5 percent in June to 23.9 bcfd.
Read More »Iraq Oil Exports Average 3.583 mln bpd in August
Iraq exported 3.543 million bpd of crude oil in July.
Read More »