Russia will continue working together with OPEC to stabilize the oil market.
Read More »The Most Impressive Electric Vehicle of the Year
Electric vehicles are having a tough time breaking into the US car market.
Read More »The Aramco IPO Impact OPEC
Most analysts have pointed out that there are some major issues with the company’s financials. its valuation and possible returns for the Kingdom.
Read More »OPEC+ Faces Competition from Rivals’ Rising Output
Sluggish refinery activity in the first three quarters has caused crude oil demand to fall in 2019 for the first time since 2009.
Read More »US Shale Output to Overtake Oil and Gas Production from Russia by 2025
Shale output from the United States stays higher for longer. reshaping global markets. trade flows and security.
Read More »U.S.-China Trade Deal would Help Lift Dark Cloud over Oil
A deal will almost remove that dark cloud that had engulfed the global economy.
Read More »6 Million Barrels of Oil. Condensates Ready for Trade at Iran`s Bourse
The successful sell-off by the NIORDC may have encouraged the NIOC to accelerate its plans for trade of oil cargoes at IRENEX.
Read More »Russia among Leading Suppliers of Crude Oil to China
Russia has become a leading supplier of crude oil to China - it supplied 67 million tonnes in 2018. which is worth more than $35 billion.
Read More »China`s Energy Sector CO2 Emissions still on Rise
China lowered the share of coal in its energy mix to 59% last year.
Read More »Qatar will Join Gulf Producers in Oil-Price Formula Overhaul
Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.
Read More »