The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »Oil Could Rise To $100 and That’s Bad News
Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.
Read More »Russia’s September Oil Production Set for Post-Soviet Record High
Russia can bring ``a couple of hundred thousand barrels`` in the short term.
Read More »Shell`s LNG Canada Moves Ahead as Asian Partners Give Approval
Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).
Read More »Russian Oil Output Jump to a New Record before OPEC Talks
Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.
Read More »Oil Trades Near US$69 as Signs of Higher Supply Offset Iran Fears
The U.S.-China trade tension restricts oil from rising further.
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 »Iran-U.S. Clash over Nuclear Deal at IAEA Talks in Vienna
The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.
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.
Read More »Iran’s Export Pain Could Mean a Tightening Oil Market
This winter could turn out to be a hot one indeed for oil markets.
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