Tag Archives: International Organizations

Venezuela’s production has almost halved in two years to 1.17 million bpd.

The Southern Gas Corridor is one of the priority projects for the EU.

A flurry of intensifying risks could trigger an energy market ".crunch". over the coming months.

OPEC and Russia have been cutting production together to support prices since 2017.

Downside risks include a slowdown in global economy which would dent global crude demand.

Riyadh projects that its budget deficit will decrease this year to 131 billion riyals.

Russia first joined forces with OPEC to exert more control over international oil prices in late 2016.

Growing U.S. supply and a potential economic slowdown this year could cap oil markets.

On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.

Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.