Reports indicate that the Aframax tanker Minerva Lisa was due to pick up oil at Es Sider Thursday.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Venezuela Lack of Oil to Export By 2019
Crude oil production in Venezuela is practically falling at an average of 10% every quarter and has been since mid-2017.
Read More »Russia to Seek Oil-Cuts Rollback for most OPEC+ Nations
Russia and Saudi Arabia are set to discuss oil policy on Thursday.
Read More »Baltic Pipe Gas Project will be Completed by 2022
The deadline of 2022 is based on the expiration dates of contracts with PGNiG and Gazprom.
Read More »First Iraq-Flagged Oil Tanker in Three Decades Leaves Port Bound for US
Iraq'.s plan is to increase export capacity to 6.5 million bpd by 2022.
Read More »OPEC Charges Extra price. India Loses Billions of Dollars
India has been urging the OPEC to end Asian Premium with Prime Minister Narendra Modi.
Read More »Novak Comments on Domestic Gasoline Prices
Those urgent fiscal measures have had a positive impact.
Read More »U.S. Crude Could be a Victim in Brewing Trade War
The U.S. is focused on a ".fair". trading relationship with China.
Read More »Iraqi Lawmakers Want Out Of OPEC Deal
Some new members-elect of Iraq’s parliament think that Iraq should be able to export as much crude oil as it wants.
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