The two sides will discuss their oil policies at the meeting scheduled for July 1-2 in Vienna.
Read More »Europe’s Demand for Extra Gas Imports to Exceed 150 bcm by 2035
Over the past three years only imports to Europe have already increased by 67 bln cubic meters.
Read More »G20 Meeting may Offer more Clarity for OPEC. Non-OPEC
China and India are among the world’s top oil consumers while Russia supplies oil to both of those nations.
Read More »OPEC ‘Set to Roll over Supply Deal. Discuss Deeper Oil Curbs’
Algeria had floated an idea of deepening the cut by some 600.000 barrels per day.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »US will Lead Oil Output Growth Through 2030
US crude exports will keep rising as domestic production grows.
Read More »US-Iran Tension to Overshadow G20 Summit in Japan
Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »Iran Increases Refining Capacity by %40 in 2 Years
Total operating capacity of Iran’s refineries had increased from 1.550.000 to 2.150.000 barrels per day (bpd) in the two-year period ending in May 2019.
Read More »Oil Prices Mixed amid Escalating U.S.-Iran Tensions
Donald Trump signed an executive order to impose additional economic sanctions on Iran.
Read More »Oil Climbs to a Three-Week High as U.S.-Iran Tensions Simmer
Oil rose to the highest level in more than three weeks as political tensions between the U.S. and Iran continued to simmer. with President Donald Trump announcing plans for further sanctions against the OPEC member.
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