Data showed U.S. personal income rose just 0.3 percent in March. compared with expectations of 0.4 percent.
Read More »Iran Try to Form Joint Oil Firm with Azerbaijan
The JCPOA implementation is acceptable for Iran’s oil sector until the Islamic Republic is able to sell its oil.
Read More »Russian Oil Flows Faster into China
Russia’s crude shipments into Europe via the Baltic and Black Seas are due to fall by an average of 19% year-on-year in the first five months of 2018.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Rising U.S. Rig Count Knocks Oil
U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
Read More »JCPOA Effective for Iran As Long As International Relations Persist
Iran'.s oil and gas condensate exports rose by 1.018 million barrels a day to 2.418.000 barrels per day after implementation of the deal.
Read More »Japan Imported 25.997 Million Barrels of Crude Oil from UAE in March
Arab oil accounted for 84.943 million barrels or 85.2 percent. of Japan’s petroleum needs in March.
Read More »India Create Network with Asia`s Oil Buyers
India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.
Read More »Another OPEC Member Suffering from Sharp Decline
While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.
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