Production at the Groningen gas field in the Netherlands should be reduced at a faster pace following a 3.4 magnitude earthquake in the northern Dutch region.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »US to Extend Iran Energy Sanctions Waiver for Iraq
Tehran'.s dependence on oil export revenues has dropped to below 30 percent.
Read More »Maduro Accuses Guaido of Stealing Oil Profits
Oil production would continue falling and possibly accelerate throughout 2019 as sanctions-related deadlines pass.
Read More »Trade Tensions and Stockpiling Continue to Hurt Oil Prices
Brent is set for its biggest weekly fall in six months and WTI in 15 weeks.
Read More »Baghdad does not Want US-Iran War
Iraq is playing a role to calm the situation but it is not a mediation.
Read More »OPEC+ Considers Oil Production Increase in the Second Half of 2019
Oil prices have rose by more than 30 percent this year.
Read More »Australia Could Win Big From the U.S.. China Trade War
US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.
Read More »Oil Surges after OPEC Indicates It will Maintain Output Cuts
Producers are capable of filling any market gap and that relaxing supply cuts is not the right decision.
Read More »Oil Gains with OPEC Signaling Output Cut Extension
Tensions in the Middle East continue to risk secure supply of oil from the region to the global market.
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