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Oil prices have been receiving broad support this year from supply cuts by OPEC and non-affiliated allies like Russia aimed at tightening markets.
Read More »Oil Rise on OPEC`s Supply Cuts. but U.S. Surge Caps Gains
OPEC has Helped U.S. Shale
The rebalancing of the global oil market was a work in progress.
Read More »America will Surpass Saudi Arabia in Oil Export
US oil production has more than doubled over the past decade.
Read More »China to Form National Oil & Gas Pipeline Company
The formation of a new pipeline company would help reform the energy sector.
Read More »Venezuela’s Post-US Sanctions Oil Exports Drop 40%
Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.
Read More »Iran among Top Gas Suppliers by 2040
China and Iran along with Russia and the US would be the top natural gas suppliers in 2040.
Read More »Venezuela`s PDVSA Orders Prepayment for U.S.-Bound Oil Cargoes
Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.
Read More »U.S. Weighs Oil Sanctions on Venezuela as It Steps Up Pressure
Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.
Read More »U.S. Considers New oil Sanctions on Venezuela
U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.
Read More »Trump: OPEC Is a Monopoly
Trump credits his own talent for having brought down oil prices.
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