OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
Read More »OPEC Continues Production Cuts despite Trump Pressure
The shale revolution has made the US the world’s top oil producer and is reshaping the global oil market.
Read More »Donald Trump Tweets on OPEC for First Time in 2019
US plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve in April.
Read More »Oil Price Slips after Trump Calls on OPEC to Ease High Prices
Trump on Monday expressed concern about oil prices.
Read More »Crude Oil Futures Stable as Markets Await US-China Trade Developments
The two sides are yet to sign any official agreement regarding the extension of the deadline.
Read More »Trump`s Concern about High Oil Prices
Oil prices getting too high. OPEC. please relax and take it easy.
Read More »U.S.-China Trade Deal Leads to Higher Energy Price
Higher energy prices will lead to higher gasoline prices in the U.S.
Read More »South Korea Imports One-Fifth of Pre-Sanction Iran Oil
South Korean refiners and chemical heavily relied on Iranian condensate for production of various petrochemical products.
Read More »Iran Self-Sufficient in Gasoline
Iran’s Persian Gulf Star Refinery converts light crude. known as condensate. into gasoline and naphtha.
Read More »Oil Settles at 3M High on OPEC Output Decline
Progress in the trade talks between the US and China helped to allay fears about fuel demand.
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