President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.
Read More »OPEC Expects Oil Demand Growth to Slow In 2019
Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.
Read More »U.S. Asks Saudi Arabia to Keep Oil Market Well Supplied
The U.S. is confident that it would be able to sanction Iran without market disruptions.
Read More »German FM: ‘We are not Captives’ of Russia or US
Heiko Maas'.s remarks come in response to US President Trump’s criticism over Russia'.s sale of natural gas to Germany.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for June
Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.
Read More »Libya Oil to Flow after Haftar Deliver Central Fields
Transparency about spending would enable Libyans to see who is getting what from Libya oil.
Read More »OPEC is Doing Best to Supply Market
It’s unfair to say that OPEC is not doing its part.
Read More »US Sanction Threats on Iran`s Oil Exports not Important
Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.
Read More »How Saudi Arabia Sets Its Oil Prices
Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »Iran Forecasts Growth of Oil Price to $100
Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.
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