IEA forecasts that Venezuela’s oil production could drop to Just 800.000 bpd or even lower next year.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
Read More »The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »Azerbaijan Wants to Send Gas to Europe as Turkey Launches TANAP
Around 80% of the pipes used in the project were purchased from Turkish suppliers. while 20% were imported from China.
Read More »Nobody Wins in a Market with Oil Supply Deficits
The 5-year average is close to balance because of OPEC-led efforts to drain the surplus.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
Many nations have gone further than their pledged cuts.
Read More »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »Renewable Energy Investments to Grow Rapidly
Renewable energy investments are expected to continue gaining momentum well into the future.
Read More »Global Electric Car Sales up over 50 Percent in 2017
The EU has committed to cutting 40 percent of its greenhouse gas emissions from 1990 levels.
Read More »Birol: Turkey Taking Right Steps in Green Energy
Many countries like Denmark are investing in solar and wind energy technologies.
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