More information about the vessel would be released later.
Read More »EU Gives Green Light for Oil and Gas Joint Venture
It will be active in the exploration and development of oil and natural gas projects only in the US.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Huge Oil Glut Coming In 2020
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty.
Read More »IRENEX will Offer Condensate at $60.40 per Barrel on Tuesday
One of the main strategies that Iran chose to execute to help its oil exports afloat has been trying new ways to diversify the mechanism of oil sales.
Read More »OPEC Deal couldn`t Change Fundamental Outlook for Oil Market
Any slowdown in global economic growth will put the brakes on demand for oil.
Read More »Iran Calls on Britain to Release Seized Oil Tanker Immediately
Iran has warned of reciprocal measures if the tanker is not released.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Oil Hits Six-Week High as Storm Builds in Gulf of Mexico
Rising U.S. shale production levels. subdued global economic momentum and existing trade uncertainties will cap bullish gains for crude oil futures.
Read More »Iran Signs $6.2bn Worth of Contracts to Increase Oil Output by 280.000 bpd
10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.
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