Higher oil prices help U.S. shale producers.
Read More »Iran may Accept OPEC Oil Production Increase with Conditions
The condition means no other country has the right to compensate for another country’s oil production decrease.
Read More »India to Ask for Fair Fuel Price in OPEC Meeting
Pradhan said India will raise the issue of the recent fuel price hike at the OPEC meeting.
Read More »OPEC Set to Achieve Stable Oil Market
The UAE minister said stock levels had dropped significantly since the beginning of 2017.
Read More »Libya`s NOC Warns of Environmental Disaster Due to Clashes near Oil Terminals
Libya has been torn apart by conflict since its long-time leader Muammar Gaddafi was overthrown in 2011.
Read More »China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »Libya`s Two Biggest Oil Ports Shut as Fighting Resumes
Reports indicate that the Aframax tanker Minerva Lisa was due to pick up oil at Es Sider Thursday.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
OPEC'.s own oil production rose slightly in May. the monthly report showed.
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