The 15 countries in OPEC produced an average 33.31 million barrels per day in October.
Read More »US agrees to grant India waiver from Iran sanctions
The US has broadly agreed to grant India a waiver from Iran sanctions after the Indian side decided to cut oil imports from Tehran by about a third in 2018-19.
Read More »IEA Cautions Nigeria. other Producers against over-Dependence on Oil
There is a great need for oil and gas nations to diversify their economy.
Read More »Can Arab Countries Compensate Iran`s Oil for India?
If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.
Read More »Iran Launches Oil Sales on Energy Exchange to Counter US Sanctions
China’s government told at least two of its state oil companies to avoid purchasing Iranian oil.
Read More »Iran Expects Oil Exports won’t be Less than 1 million bpd
US officials are lying to the world and the Americans about oil price.
Read More »Analysts See Brent Oil at $80 again
Saudi Arabia’s latest strategy of ‘produce as much as you can’ will hurt spare capacity.
Read More »Global Oil Pricing Worries Hit US Energy Shares
Third-quarter profits for oil producers generally should be higher than a year ago.
Read More »What’s Behind the Latest Oil Price Plunge?
Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.
Read More »Iranian Oil to Be Available for Intl Traders at Energy Bourse
Washington reimposed sanctions on Tehran after the US withdrawal from the Iran nuclear deal in May.
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