Tag Archives: International Organizations

Russian President Vladimir Putin has once again stressed the importance of preserving the multilateral nuclear agreement signed between Iran and major world powers in 2015. saying Moscow does not approve of what is being done against Iran.

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.

Heating in buildings is at the core of energy consumption space heating and hot water production account for around 70% of energy consumption in residential buildings in IEA countries

Global demand for natural gas is set to keep growing over the next five years. driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.

Iran has no plans to leave OPEC.

OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.

Germany’s Foreign Ministry says the country’s top diplomat Heiko Maas is to travel to Tehran next week to address ways to save the 2015 nuclear agreement between Iran and six world powers.

Domestic demand in the United States. the Middle East and North Africa. would contribute to the growth in demand.

A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.