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Germany. Britain and France have asked the Trump Administration to provide exemptions for EU companies.
Read More »EU Firms Ask US to Let Them Trade with Iran
Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »OPEC and Russia Manage to Control Oil Prices
Since last year. oil producing countries have cut back production in an attempt to offset dipping prices.
Read More »The Globalization of European Gas
IHS Markit expects European gas prices to be increasingly set by the global market.
Read More »Iran Asks Chinese Oil Buyers to Maintain Imports after US Sanctions
China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.
Read More »Oil to Soar to $100. US-China Trade War Nears
Trump and his trade team have cracked down on China heavily since March.
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