U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country.
Read More »The 2020 Oil Market is Quickly Turning Ugly
Oil bulls thought 2020 would be their year.
Read More »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »District of Columbia Considers New Regulated Entity: The Microgrid Operator
A report released late last week for the nation’s capital calls for a new regulated entity known as a microgrid operator. part of the city’s far-reaching effort to modernize its electric grid.
Read More »Iran`s Petrochemical Products Hard to Trace
Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'.ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran. saying that finding the origin of such products is not easy.
Read More »Regulators Seek Cooperation Over Plane Safety
EU transport officials say they will work with other regulators on approving new software for the Boeing 737 Max.
Read More »Russia Meets Its OPEC+ Target in May amid Dirty Oil Crisis
Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.
Read More »Trade War Could Trigger a Global Financial Crisis
If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.
Read More »OPEC Oil Output Set For Drop Despite Saudi Production Boost
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May.
Read More »Fiat Chrysler puts Merger Offer to Renault Board
Fiat Chrysler has made a transformative merger proposal to Renault. the Italian-American carmaker said. in a deal that would create a new third-ranked global manufacturer.
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