Tag Archives: International News Agency

Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.

The main factor keeping oil prices from rising even further is soaring U.S. oil production.

Cooperation by Russia and Saudi Arabia on international energy markets will be continued.

The project has a total capacity of 31.5 billion cubic meters.

Some traders say the decision was driven by pricing disagreements.

Higher energy prices will lead to higher gasoline prices in the U.S.

OPEC and its partners implemented a slightly different version of their supply-cut agreement in 2017-2018.

South Korean refiners and chemical heavily relied on Iranian condensate for production of various petrochemical products.

Eni operates 2 oil and gas fields in Kazakhstan – Kashagan and Karachaganak.

The annual contract will begin from April.