Social and Events

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

US officials have called on buyers of Iran'.s crude oil to end imports from the country as of November.

China is seeking more business in the UAE as part of its free trade pivot.

The two countries will probably resume production on two joint oilfields in the south of Kuwait.

OPEC is consulting with lawyers to prepare a strategy to defend against proposed U.S. legislation that could open the cartel up to antitrust lawsuits.

North Korea relies on imported fuel to keep its struggling economy functioning.

Russia'.s leading energy enterprise Gazprom and its partners intend to start implementing the Nord Stream-2 project worth almost 10 billion euros in April 2018.

Oil exporters in the region have benefited from the improved outlook for oil prices.

Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.

The risk that current trade tensions escalate further is the greatest near-term threat to global growth.