Trump has been actively pushing for European countries to diversify their energy supplies away from Russia.
Read More »Iran Denounce Saudi Arabia for Pumping `Above Target`
Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.
Read More »Putin to Trump: Russia will Continue Gas Transit through Ukraine
The American president said that the US will compete with Russia in the European gas market.
Read More »Russia and Ukraine in Talks to Minimize `Gas Wars`
Kiev fears the loss of revenue from transit taxes. on top of being bypassed politically as well as physically by new gas pipes.
Read More »Could Russia and US Work Together to Regulate Oil Prices?
Trump has said Putin is ``a competitor. and a good competitor he is.``
Read More »5 Geopolitical Factors Which Have Affected Oil Prices in 2018
Venezuela now produces almost half of the oil it did two decades ago.
Read More »China`s Dominant Role in Global EV Markets
China has been pushing hard for its companies to be global leaders in new technologies.
Read More »Saudis Offer Extra Oil in Asia as OPEC Leader Pumps More
Saudi Arabia’s compliance with OPEC’s output-cut deal fell to 26 percent in June.
Read More »Oil Prices Fall as Supply Disruption Concerns Ease
The United States holds a reserve of about 660 million barrels.
Read More »Chinese Refiner Halts US Crude. Turn to Iranian Oil
US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.
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