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The EIA projected gas output would increase in most of the big shale basins in June.
Read More »U.S. Shale Output to Hit New Record of 8.49 Million bpd in June
Crude Oil Futures Largely Stable after Trump Comments on China Trade
China will increase tariffs on $60 billion of products imported from the US.
Read More »Iran Warns Against `Conspiracy by Ill-Wishers` Over `Sabotage` at UAE Port
The suspected attack didn’t lead to any casualties or oil spill.
Read More »Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
Read More »Iranian National Oil Company Opens Office in Iraq
Only Iranian companies approved by the NIOC will be able to partake in Iraqi Oil Ministry projects.
Read More »Europe Believes Necessary to have a Nuclear Deal with Iran and to Implement It
Europe presumed that Iran would not gradually discontinue its commitments under the Joint Comprehensive Plan of Action (JCPOA).
Read More »Iran Calls Ship Attacks off UAE `Alarming.` Urges Investigation
Saudi Arabia early on May 13 said two of its oil tankers were damaged.
Read More »Uncertainty in Oil Markets amid Plenty Supplies
Uncertainty is expected in oil markets in the next three months due to ample supplies as well as Iran’s ability to continue to export despite sanctions by the US administration.
Read More »Austria Welcomes US LNG. But Not as Substitute to Nord Stream 2
The US has repeatedly attempted to derail the project.
Read More »No US LNG Exports to China in Recent Months as Trade War Reaches Peak
China and the US have been embroiled in a trade dispute since last June.
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