Tag Archives: Congress

Timing may reflect the White House’s concern over a tight oil market.

Critics say that the natural-gas pipeline will strengthen Russia’s hand in Europe and isolate Ukraine.

The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.

The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.

As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.

Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.

OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.

Trump has said Putin is ``a competitor. and a good competitor he is.``

Critics say using the oil reserve for anything other than an oil supply disruption is unwise.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.