The U.S. is unlikely to join with China and India. though it should.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Oil Falls Amid Rising Saudi Output. Asian Economic Slowdown
Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Kuwait Considers Hike in Oil Output
Kuwait will raise its oil production by 85.000 bopd as part of a recently reached OPEC agreement.
Read More »Iraq. Turkey and KRG Talk over Resuming Kirkuk Oil Exports
Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
Read More »Nord Stream-2 Exclusively Commercial Project
Any sanctions against the project would be illegal and unacceptable. the Kremlin stressed .
Read More »Trump Accused OPEC of Prices Manipulation
Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
Read More »Asia`s Oil Imports Slow as Economic Growth Pauses
U.S. President Donald Trump has introduced numerous tariffs on imports.
Read More »Eni Agreed to Merge Its Norwegian Business with Point Resources
The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.
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