Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »Azerbaijan Expects another Loan for Southern Gas Corridor
The Southern Gas Corridor is one of the priority projects for the EU.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Novak: U.S. Tweets Cause Market Confusion
The emotional flashes. comments. tweets. which are coming from the U.S. leadership - they are bringing confusion to the market.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »IEA Holds Workshop on Natural Gas Market Design in Brazil
The workshop is part of the IEA-Brazil gas market peer-review and dialogue process.
Read More »Oil Prices Decline as U.S. Considers some Waivers on Iran Oil Exports
U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »