Tag Archives: Bloomberg News Agency

Russia can bring ``a couple of hundred thousand barrels`` in the short term.

Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).

Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.

The U.S.-China trade tension restricts oil from rising further.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.

Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.

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.