Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »Saudi. UAE Turning OPEC into Tool for US
Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »U.S. not Able to Bring Iran`s Oil Export to Zero
The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
Read More »Russia`s Increased Oil Output Violates Agreement with OPEC
Russia. Saudi Arabia and others are raising their oil output by one million bpd to adversely affect Iran'.s oil exports.
Read More »Saudis Can’t Replace Iran Oil
Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.
Read More »US Considers Tapping Emergency Oil Stockpiles to Decline Prices
The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.
Read More »US-Caused Oil Spike will Slow Growth. add to Tariff Impact
The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.
Read More »Iran Forecasts Growth of Oil Price to $100
Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.
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