Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »China to Send Robot Submarine down to Sunken Oil Tanker
The tanker is lying under 377ft of water in the East China Sea.
Read More »China Says Claims of Inadequate Rescue of Sunken Oil Tanker `Untrue `
Rescue forces from Shanghai and Jiangsu worked with Japan and the Republic of Korea (ROK) in the rescue operations.
Read More »China`s Oil Product Export Surge could Hamper OPEC`s Gains
In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Maduro Urges Latin American states to join cryptocurrency project
Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
Read More »China Pleaded to Continue Operations to Control Fire on Oil Tanker
The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
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