Tag Archives: Economy

Rystad Energy forecasts that some operators in Venezuela will run out of naphtha by this month.

Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.

Oil prices have been receiving broad support this year from supply cuts by OPEC and non-affiliated allies like Russia aimed at tightening markets.

Tehran is set to host the 15th round of the commission. The date of the event will be announced later.

Aramco expected to boost its exports to Chinese refiners to 1.5 million bpd this quarter from 1 million bpd last year.

The Indian market is crucial for Venezuela’s economy.

The Regional Conference on Climate Change is held every four years by the IMO.

US oil production has more than doubled over the past decade.

The company also plans to sell some mature oil fields in Brazil. a small addition to its divestment program.

Iran and Armenia have already begun their cooperation in ICT.