U.S. prices have been supported by a drop in crude inventories.
Read More »US Oil Rig Count Rise
U.S. crude oil production in 2018 is expected to rise 1.31 million barrels per day.
Read More »Libyan and Iraqi Production Back Oil Output in 2018
The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.
Read More »Iraq Oil Exports Average 3.583 mln bpd in August
Iraq exported 3.543 million bpd of crude oil in July.
Read More »Energy-Intensive Bitcoin Transactions Pose Environmental Threat
The processes involved in a single Bitcoin transaction is equivalent to providing electricity to a British home for one month.
Read More »China Still Buyer of Iranian Oil
As the US sanctions on Iran'.s oil are booming. Washington sent two officials to satisfy China to cut off oil imports from Iran.
Read More »Asian Spot LNG Prices to Rise
The Yamal LNG plant has offered cargoes to Asian customers for delivery this winter.
Read More »Eni Finds New Gas Field in Egyptian Desert
A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.
Read More »Iran Urges to Speed Up Iran-Armenia Electricity Transfer Line
The parliaments of Iran and Armenia can contribute to cementing bilateral ties in customs. investment. energy. transportation and commerce.
Read More »US Argues that Iran Sanctions are Legal
Tensions between the U.S. and Iran spiked earlier this year when President Trump pulled the U.S. out of the 2015 Iran nuclear pact.
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