Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC+ provides main support to the oil market.
Read More »Azerbaijan Ready to Support Maintaining Oil Market Balance
OPEC+ will Continue Monitoring Oil Markets in H2 2019
Russia will cut production by 228.000 barrels per day.
Read More »OPEC may Cancel April Meet. but Hold Steady on Oil Output
The JMMC includes major oil producers Saudi Arabia and Russia and monitors the oil market and conformity levels with supply cuts.
Read More »Natural Gas Market Eager for China`s Next Move
The industry has been characterized by feast or famine. huge waves up or down.
Read More »Global LNG Supply to Rise 9 pct in 2019
Global liquefied Natural gas (LNG) supply would increase by 35 million to 40 million tonnes in 2019.
Read More »Global LNG Supply to Rise 9 pct in 2019
Global liquefied Natural gas (LNG) supply would increase by 35 million to 40 million tonnes in 2019.
Read More »US Shale may Shake OPEC’s Commitment to Oil Production Cuts
OPEC members agreed to trim 800.000 barrels a day from October’s production levels for six months through June of this year.
Read More »OPEC Wants Oil Producers to Prevent a Surplus This Year
Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.
Read More »US Finances 2 LNG Terminals on Germany’s Northern Coast
The United States is advancing financing of two liquefied natural gas (LNG) terminals in northern Germany.
Read More »Brent Crude Hits 2019-High amid OPEC Supply Cuts. Sanctions on Venezuela and Iran
International Brent crude oil futures marked a 2019-peak of $67.80 per barrel in Asian morning hours.
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