Venezuela continues its call to promote in OPEC fair prices in 2019.
Read More »Turkey Expects Extension of Waiver for Importing Oil from Iran’
The U.S. launched new sanctions on Iran’s petroleum sector on November 4.
Read More »US Oil Industry Shocked Middle East Oil Producers
Average US exports of oil products have risen 7% so far this year.
Read More »Oil Market Probably to Rebalance Early 2019
Producers are ready to renew the agreement or increase cuts in case the market does not balance.
Read More »India Likely to Continue Purchasing Crude Oil from Iran in 2019
India is one of the largest consumers of crude oil and Iran has been one of the key suppliers.
Read More »Russia Earned Additional $120Bln of OPEC-non-OPEC Deal
It is difficult to predict how long the OPEC-non-OPEC agreement would remain in place.
Read More »2019. Challenging Year for OPEC
OPEC may be able to succeed in reducing production by the announced target.
Read More »Oil Producers will have Extraordinary Meeting if Output Cuts `not Enough`
OPEC and non-OPEC producers will hold an extraordinary meeting and do what is necessary to balance the market.
Read More »Iraq Expects Improvement in Oil Prices Early Next Year
Iraq’s oil minister expects ``an improvement`` in oil prices at the beginning of next year.
Read More »Oil Records 11% Weekly Drop
Oil prices fell on Friday. as fears of a supply glut continues.
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