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For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.
Read More »US Oil Prices Rise ahead of Gulf Hurricane
Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »European Commission to Lift Controls on Chinese Solar Imports
Previous studies have suggested access to lower cost Chinese solar products could cut costs.
Read More »China’s Natural Gas Appetite
PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.
Read More »Iraq’s New Record from Southern Ports Export
Iraq’s exports from the south were set on a record pace in August.
Read More »Rosneft will Supply Oil to SOCAR`s Refinery in İzmir
The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.
Read More »Saudi Aramco Awards Baker Hughes Services Contract for Marjan Field
The oilfield is one of the three major offshore expansion projects in Saudi Arabia.
Read More »Russia`s Oil Industry can Shoulder Extra Taxes
The government is looking for extra money to implement President Vladimir Putin’s pledges of higher social spending and better infrastructure over the next six years.
Read More »Japan to Suspend Iran Oil Imports under US pressure
Resource-pour Japan relies heavily on imports of oil from the Middle East.
Read More »Saudi Arabia to Implement Oil Pipeline through Yemen to Arabian Sea
The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.
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