Libya has lost 450.000 barrels per day (bpd) of oil production due to clashes at the oil terminals of Es Sider and Ras Lanuf.
Read More »Energy Minister Due in Tajikistan for International Water Conference
World’s population will increase to more than 9 billion by 2050.
Read More »Iran will Reject Saudi-Russia Proposal to Increase Oil Production
OPEC members and independent producers will meet in the Austrian capital. Vienna. on 22 June to discuss a future production policy.
Read More »Russia and Saudi Arabia will Ask OPEC output Rise of 1.5 Million bpd
An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.
Read More »China`s Tariffs on US Oil to Disrupt $1B Monthly Trade
China'.s aggressive riposte to Trump took some in the industry by surprise.
Read More »U.S. Oil Pipeline Companies. Producers Seek Relief from Steel Tariffs
There’s lots of concern that the increased cost in pipe will increase the costs for oil.
Read More »OPEC Set to Achieve Stable Oil Market
The UAE minister said stock levels had dropped significantly since the beginning of 2017.
Read More »Saudi Arabia Holds all the Cards despite Iran Threatening to Block oil output
Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »China Threatens Duty on U.S. Crude Imports
China on Friday said it would retaliate by slapping duties on American export products. including crude oil.
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