The agreement is in line with recent trends towards locking in longer-term supply of products in Asia.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Rosneft’s New Strategy towards Middle East
Despite its discontent. Bagdad prefers to maintain good relations with Russia for several reasons.
Read More »US Can Compete In Europe’s Gas Market
The U.S. is ready to help Europe to diversify its energy supply.
Read More »GE Fights for Survival
GE'.s new management team is following a long tradition of corporations in trouble and short of cash.
Read More »U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »China Surpasses Japan as World’s Top Natural Gas Importer
China is raising its domestic natural gas production.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »OPEC`s Fear of Another Downturn In Oil
EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.
Read More »