Tag Archives: Energy Today

On Tuesday. the American Petroleum Institute (API) reported an estimated inventory increase of 3.453 million barrels.

50 cooperation documents have been signed between Iran and Russia in recent years.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.

1.2 million to 1.5 million electric cars will be added this year to the 3.5 million on the road as of end-2017.

Saudi Arabia has been pushing for an OPEC cut. indicating it may reduce supply by 500.000 bpd.

Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.

The output from the troika is the fastest-growing element in global oil supplies.

U.S. President Donald Trump pulled out of the accord in May.