As oil prices have headed south. Saudi Arabia said it would cut exports by 500.000 bopd next month.
Read More »Cutting Saudi`s Oil Exports to U.S. will Boost Crude Prices
Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.
Read More »U.S. Tries to Oppose China with PNG Electricity Grid
The United States has been increasingly critical of China-backed infrastructure projects.
Read More »Saudis Cut Oil Exports to U.S. to Boost Crude Prices
The Saudi tactic to send reduced volumes to the States succeeded last year.
Read More »Global Oil Supply Growing. Sending Prices Lower
lower prices are clearly a benefit to consumers.
Read More »Trump Warns Oil Cartel OPEC to not Cut Production
Iran is the third-largest producer of the oil cartel OPEC. providing more than 2 percent of global oil output.
Read More »Oil Producers Need to Cooperate. Even Without OPEC
OPEC in recent months has been wracked with internal disputes.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
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