SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »EU. Iran to Create Special Mechanism to Continue Trade
The United States began reimposing economic sanctions this summer.
Read More »Rick Perry to Meet Russian. Saudi Counterparts Ahead of Iran Sanctions
Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.
Read More »Iran Oil Sanctions Will Hurt More Than You Think
The market seems to be inadequately prepared for a rapid loss of exports.
Read More »China`s Tariffs on US Goods Threatens Trump`s Energy Export Agenda
The trade fight with China hangs over potential long-term progress for U.S. LNG exports.
Read More »An OPEC-Free World
As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »OPEC Looking for Legal Strategy as U.S. Pushes Anti-Cartel Bill
OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.
Read More »5 World Powers Back Iran`s Oil Exports Despite US Sanctions Threat
Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.
Read More »Novak. Munchin Discuss Sanctions. Russian Gas Pipeline Plans
Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
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