Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
Read More »OPEC Agreement did not Specify Oil Production Increase
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »Oil Rises on Libya Export Worries
Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Brent Oil Drops 2 Percent in Asia
Brent is flashing red in Asia. possibly because traders expect output to rise. courtesy of OPEC deal.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »Kazakhstan will not Increase Oil Production at Kashagan This Year
Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »ADNOC Mulls to Take Stake in Ratnagiri Refinery Project
UAE supplies a small quantity of oil to India.
Read More »Saudi Aramco Considers Presence in India`s Entire Energy Sector
Aramco is looking at ``all options`` to enter fuel retailing through partnerships with Indian oil companies.
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