Oil

Global supply next year could be helped by Brazil. Kazakhstan and the United States.

Expensive energy is back and it is threatening global economic growth.

The northern refinery of Baiji was brought back online and is producing 70.000 bpd.

An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month.

Saudi Arabia has been raising its production faster than many expected.

Russia has increased its oil production by 400.000 barrels per day.

The United States has softened its insistence on forcing Iran'.s exports towards zero.

Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.

Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.

Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.