The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Saudi Arabia will Remain World`s Largest Oil Exporter
The Kingdom’s crude oil exports rose to 8.235 million barrels per day (mbd) in November from 7.7 mbd in October.
Read More »Saudi Arabia will Pump the World’s Very Last Barrel Of Oil
As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.
Read More »BP Expects Solid Oil Demand Growth This Year
Dudley believes the oil market is tightening up.
Read More »Oil Prices may Remain under Pressure This Year
Brent prices climbed last week on optimism a thaw in China-US relations will help sustain global growth.
Read More »Rollercoaster Ride of Oil Market
The United States increased output by 2.1 mbd last year. the ".highest ever". annual growth ever recorded.
Read More »Rebalancing of Global Oil Market to Be Gradual
Venezuela has seen the collapse of its oil industry slow during the second half of 2018.
Read More »Oil Market Release from Impact of US-China Trade Dispute
Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.
Read More »Turkey could Export Renewables to Its Region
Middle East. Caucasian and Africa are potential export markets for Turkey'.s renewables sector.
Read More »U.S. Oil Production to be Equal to Russia Plus Saudi Arabia by 2025
Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.
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