The tariffs are likely to limit economic activity in both China and the United States.
Read More »Iraq’s Oil Production Challenges
Iraq had oil reserves of 153 billion barrels as of last year.
Read More »US Accuses Russia of Hiding North Korea Sanctions Violations
said Russia sought to evade sanctions on North Korea and then cover it up by suppressing an official UN report.
Read More »Crude Oil Futures Lower as US-China Trade Tensions Rise
Crude prices were under pressure after the US announced a fresh round of tariffs on $200 billion worth of Chinese goods Monday.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »Crude Oil Futures Stable amid Higher US Rig Count. US-China Tension
In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.
Read More »Novak. Falih Pledged Long-Term Cooperation
Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »OPEC+ Might Discuss Increasing Oil Output by more than 1 mln bpd
Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.
Read More »OPEC Needs to Work with Oil Producer to Manage Global Supplies
Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.
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