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Commercial crude oil inventories in the U.S. increased by 4.7 million barrels. or 1%. to 476.8 million barrels for the week ending May 17.
Read More »Oil Prices Rebound on Friday from Two-Month Low
Oil Gains with OPEC Signaling Output Cut Extension
Tensions in the Middle East continue to risk secure supply of oil from the region to the global market.
Read More »Mediterranean Gas and Turkey-EU Ties
Turkey wants to diversify its energy sources.
Read More »Oil Prices Gain as China Set for Trade Talks with US
The U.S. goods and services trade deficit with China was $378.6 billion in 2018.
Read More »Oil Prices Rise with Decline in US Oil Rig Count
Crude oil prices were slightly up during the week with declines in U.S. crude oil inventories and production.
Read More »US Rises Crude Oil Stocks and Output
Crude oil production in the U.S. rose by 100.000 barrels to 12.2 million barrels per day (bpd) for the week ending March 29.
Read More »Global LNG Trade Increases by 8.3 pct in 2018
Qatar was the main exporter of LNG in 2018 with 76.8 million tonnes.
Read More »Global Gas Consumption Rise with Further US. China Demand
Natural gas consumption increased by 170 billion cubic meters in 2018 compared to 2017.
Read More »TurkStream Gas Deliveries to Hungary to Begin Late 2021
TurkStream gas plans to run from Turkey to Bulgaria. then Serbia. Hungary and Slovakia.
Read More »Libya`s Sharara Field still Closed for Security Reasons
Libya has struggled to maintain oil production since 2011.
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