Strong economic growth is what’s really driving demand at levels much higher than recent history.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »Oil Industry Relationship with Trump Cooling Off
Steel tariffs. jousting over NAFTA and wariness about regulation rollbacks are making oil and gas executives nervous.
Read More »India will Pay Iran’s Oil Sales Debt in Euro
Indian government has focused on developing phase one of Chabahar Port.
Read More »Iran: OPEC could Agree in June to Start Easing Oil Output Cuts in 2019
Iran will press for carefully bringing back some of its own production.
Read More »Iraq Plans New Basrah Crude Oil Export Grade
Iraqi oil production has remained stable at 4.36 million b d from September to February.
Read More »OPEC`s Big Challenge
In countries like Brazil and Mexico. the slowdown at old fields jumped to double-digit rates last year.
Read More »Pouyanne`s Risk on Middle East Oil as Big Rivals Prefer U.S.
Total and its European peers trace a large part of their historical success to gaining access to big and cheap oil deposits in the Middle East and Africa.
Read More »OPEC Invites US Shale Producers to the Next Level
OPEC wants to develop a closer relationship with the U.S. shale industry.
Read More »BP CEO Predicts Oil Prices will Range between $50-$65
OPEC'.s top executive said at CERAWeek on Tuesday that the 100-million barrel per day market is fast approaching.
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