Tag Archives: Crisis

There’s a strong challenge for the key producers to increase production and comfort the markets.

Global supply next year could be helped by Brazil. Kazakhstan and the United States.

Russian-Saudi-OPEC collusion reduced the slack in oil markets. and led to lower stockpiling of crude oil and petroleum products in 2017.

Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.

The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.

Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.

Around 161.000 tons of treated water has 10 to 100 times the limit for release into the sea.

The United States will target Iran’s oil exports with sanctions from Nov. 4.

Oil prices jumped 2 per cent as US sanctions restricted Iranian crude exports.

Iran argues one member has no right to steal the quota of another.