Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.
Read More »Oil Prices Slip as U.S.-China Trade War Darken Demand Outlook
The tariffs are likely to limit economic activity in both China and the United States.
Read More »Long-Term OPEC+ Cooperation by Dec
OPEC and non-OPEC countries aim to agree a framework for long-term cooperation by December.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »Novak. Falih Pledged Long-Term Cooperation
Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
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 »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 »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »China Stays Dubai’s Major Trading Partner
China remains Dubai’s top trading partner in 2017 with $48 billion in non-oil bilateral trade.
Read More »Gazprom. Mitsui Sign MoU on Baltic LNG Plant
Baltic LNG plant is reportedly expected to fulfill the demands of the European and Latin American markets.
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