During the Cold War. Russia built an extensive network of pipelines in Eastern Europe.
Read More »Oil Ministry Limits Senior Managers to Serving Four Years
The limits will go into effect as the U.S. prepares to reimpose sanctions on Iran beginning Nov. 4.
Read More »Oil Set to Move Even Higher
Despite soft trading last week. technical analysis points to plenty of upside before the end of 2018.
Read More »Will India Give Up Iran’s Oil?
If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.
Read More »Putin Invites Trump to Moscow for “Important“ Talk
Putin praised Trump for what he called ".his eagerness to meet all his promises he made to voters during his election campaign.".
Read More »GCC Condemns Houthi Attack on Saudi Arabia Red Sea Oil Tankers
An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.
Read More »Oil Rises on US-EU Trade Talks. Red Sea Shipping Suspension
U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.
Read More »EU. US to Boost Strategic Energy Cooperation
Russia and Norway are exporting record volumes of fuel to Europe via pipelines.
Read More »Iran Plans to Launch National Cryptocurrency
This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.
Read More »Trump Wishes EU to Become `Massive Buyer of US LNG`
Germany is taking every effort to implement the Russian-European Nord Stream 2 project.
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