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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.
Read More »OPEC Considers Measures in Case Adoption of US Bill against Oil Cartels
Russia Supplies North Korea with Oil Products
North Korea relies on imported fuel to keep its struggling economy functioning.
Read More »Putin: Nord Stream 2 will not Influence Ukraine
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.
Read More »IMF Raised Its Growth Forecast for Saudi Arabia
Oil exporters in the region have benefited from the improved outlook for oil prices.
Read More »Iraqi Protests Hampers Oil Production
Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.
Read More »Most Asian Markets Down as Oil Slump Hits Energy Firms
The risk that current trade tensions escalate further is the greatest near-term threat to global growth.
Read More »Analysts Forecast Most Constructive Oil Market in Years
Analysts Forecast Most Constructive Oil Market in Years.
Read More »Next OPEC Meeting Set for Late Sept in Algiers
The meeting will allow OPEC members to discuss ways to maintain oil market stability.
Read More »Russia may Boost Oil Production to Tackle Deficit
Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.
Read More »Libya`s NOC Lifts Force Majeure on El Feel Oilfield
NOC has lifted force majeure on El Feel oilfield. which was declared on February 23 this year.
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