Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Oil Falls after Trump Urges Greater OPEC Output to Replace Iranian Oil
The cuts have been supported by some non-OPEC producers. most notably Russia.
Read More »The World Needs to Deal with Climate Change. Now
Energy-related carbon dioxide emissions in 2018 rose by 1.7% to 33.1 billion tonnes from the previous year.
Read More »Crude Oil Futures Lower on Trump Comments. Awaits Fresh Cues
The 21-mile Strait of Hormuz at the mouth of the Persian Gulf handles roughly 40% of global crude trade.
Read More »Iran Oil Clients to Find Ways of Resisting US Sanctions
The USA is declaring trading war against major economic entities like China and EU.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump’s choice has faced opposition of the international community.
Read More »Trump Says Saudi Arabia. Others Agreed to Boost Oil Production
Crude oil prices have been moving higher since last month and are up 33 per cent in the year to date.
Read More »No Wind-Down for China on Stopping Its Iran Oil Buys
China has alternative oil suppliers including the United States and Saudi Arabia.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »Oil Prices Expected to Rise in Summer as US Toughens Stance on Iran Sanctions
Donald Trump is betting that Saudi Arabia and other OPEC members make up for the shortfall.
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