The UAE minister said stock levels had dropped significantly since the beginning of 2017.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »India Look for Responsible Crude Oil Pricing from OPEC
Government of India will seek responsible crude oil pricing from OPEC to ensure oil prices remain within common man’s reach.
Read More »OPEC`s Meeting could Prove Bullish for Oil Markets
OPEC+ as the Saudi-Russia alliance is called are mulling an ".ease-off". of compliance.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
China retaliated by slapping duties on American export products. including crude oil.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Libya`s NOC Says Oil Storage Damaged in Attack on Key Ports
Libya has descended into chaos following a 2011 uprising that toppled a longtime ruler.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
Read More »Iran Oil Exports Slide in Early Ship Data after Trump Sanctions
One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
Read More »U.S. oil Exports. on the Rise to China. Face Trade Spat Threat
China has been a key recipient of American oil since a 40-year U.S. ban on exports was ended by then-President Barack Obama in 2015.
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