The U.S. seeks to reduce Iranian oil exports to zero even for a month.
Read More »Russia Ready to Finance Nord Stream 2 in Event of US Sanctions
The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.
Read More »Falih: I do not Influence Oil Prices
The OPEC monopoly must get prices down now!`` Trump wrote on Twitter.
Read More »Washington can`t Replace Russian Gas with American LNG
The current market conditions are not favorable for the US.
Read More »OPEC and Allies Consider Oil Output Boost
OPEC and its non-OPEC allies will gather in Algeria over the weekend to review compliance with existing cuts.
Read More »OPEC and Allies Struggle to Pump more Oil as Iran Supply Falls
Saudi Arabia has made the mistake of trying to compensate for the loss of Iranian supplies with just-in-time replacement.
Read More »Saudi`s Supply is Running Short. Oil Prices Fear to Spike
Saudi Arabia is expected to take the issue of balancing the market at the upcoming summit of OPEC.
Read More »OPEC. Non-OPEC Compliance with Supply Cuts was 129 Percent in August
Seeking to reverse a downturn in oil prices that began in 2014. OPEC. Russia and other allies decided in late 2016 to reduce supply.
Read More »U.S. Sanctions on Iran will Disable Iraq
For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.
Read More »Oil Rise on Supply Concerns before OPEC and other Producers Meet
U.S. President Donald Trump increased pressure on OPEC to ``get prices down now!``
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