The oil refinery project will be the biggest Saudi investment in Pakistan.
Read More »Oil Rises amid U.S-China Trade Talks. Supply Cuts
OPEC oil supply fell in December by 460.000 barrels per day (bpd).
Read More »Goldman Cuts Oil Price Forecasts for 2019
A surge in OPEC production in late 2018 means the market started this year better supplied than the last.
Read More »Despite U.S. Sanctions. Iran has Found New `Potential` Oil Buyers
Despite the U.S. sanctions. Tehran has found some new ``potential`` oil buyers.
Read More »Oil. LNG Trade at Risk as US-China Talks Resuming Monday
China hit US LNG with a 10% tariff in September and threatened to increase it to 25%.
Read More »SOCAR Looks At Increasing Investments in Turkey
SOCAR also plans to purchase Turkish assets of the German energy giant EWE.
Read More »Iran FM to Visit India. Iraq to Boost Ties with Neighboring States
Tehran is ready to cooperate with all the regional states to resolve differences among certain countries in the region.
Read More »Trump: OPEC Is a Monopoly
Trump credits his own talent for having brought down oil prices.
Read More »2019 will See a Record Amount of LNG capacity
60 million tpy of LNG capacity could receive a final investment decision (FID) this year.
Read More »Iraq Is Committed to OPEC+ Oil Output Reduction
Iraq oil minister has directed oil officials to take urgent measures to comply with the cuts.
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