Tag Archives: Election

The US has repeatedly urged European countries to not participate in Nord Stream 2.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.

Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.

Rising gasoline prices could create a political headache for Trump ahead of the November elections.

Russia depends heavily on pipeline networks to get its energy production to European markets.

Nicolás Maduro must address discontent and economic hardship in Venezuela.

The United States is actively considering oil sanctions on Venezuela.

Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.

Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.

Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.