The proposed modifications are Trump’s latest attempt to fulfill campaign promises to revive the coal industry and restore mining jobs.
Read More »Russia`s Uncertain Cooperation with OPEC
Two of OPEC’s members. Libya and Nigeria. have asked to be exempt from the cuts like they were for the last round of cuts.
Read More »OPEC Temporarily Agrees to Oil Cut. Waits for Russia to Commit
OPEC delegates have said the group and its allies could cut by 1 million bpd if Russia contributed 150.000 bpd of that reduction.
Read More »OPEC Needs Russia to Cut Oil Output
The Saudis are working hard on the cut. But if Russia says no cut. then OPEC won'.t cut.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »Maduro Defends Venezuela`s Right to Export Gold
Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »Asian Markets Rally on US-China Trade Cease Fire
China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.
Read More »Bin Salman. Trump and Oil Market Realities
Trump’s support is the key to the political fortunes of MBS.
Read More »Oil Slips on Record Saudi Output. Markets Eye G20 and OPEC Meetings
Saudi Arabia has been pushing for an OPEC cut. indicating it may reduce supply by 500.000 bpd.
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