Tag Archives: Bloomberg News Agency

This winter could turn out to be a hot one indeed for oil markets.

Buyers who defy the US sanctions risk having their banks frozen out of the American financial system.

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.

The second-largest production increase came from Iraq and the United Arab Emirates.

The Europe is reliant on oil imports for 98 percent of demand.

Norway continues to lead the European rankings with the highest number of plug-in sales.

The past winter season in Europe was one of the coldest this decade. sending gas demand soaring.

Demand from new buyers is also supporting LNG prices in the region.

Timing may reflect the White House’s concern over a tight oil market.