Tag Archives: Bloomberg News Agency

Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.

Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.

The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.

Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.

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.