Producers have already done a lot to ensure the market is well supplied.
Read More »Iran Expects Oil Exports won’t be Less than 1 million bpd
US officials are lying to the world and the Americans about oil price.
Read More »Analysts See Brent Oil at $80 again
Saudi Arabia’s latest strategy of ‘produce as much as you can’ will hurt spare capacity.
Read More »Turkey and Azerbaijan Strengthen Energy Cooperation
The new refinery will supply 4.8 million tons per year of diesel.
Read More »Europe Eyes on Libya and Nigeria to Keep Oil under $100
After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Iraq Will Stop Kirkuk Oil Exports to Iran
Kirkuk is one of the biggest and oldest oilfields in the Middle East.
Read More »Oman will Host Middle East Gas Summit
The two day summit will be attended by many senior level executives and gas experts from the global gas industry.
Read More »Iran Self-Sufficient in Repairing Oil Transmission Equipment
Gas-powered turbines and pumps are the most important and most complicated equipment in oil transmission.
Read More »Global Oil Pricing Worries Hit US Energy Shares
Third-quarter profits for oil producers generally should be higher than a year ago.
Read More »US Unable to Stop Iran Oil Exports
Iran exported 2.5 million barrels of oil per day in recent months.
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