Wind energy is re-shaping the global energy mix.
Read More »Saudi Arabia will Boost Oil Production to Stabilize Prices
Saudi Arabia will continue to increase oil production in order to achieve moderate prices.
Read More »Oil Prices Steady as Saudi Supply Balances Iran Sanctions
Other OPEC countries have been increasing production in recent months.
Read More »Oil Prices 1% ahead of US Sanctions against Iran
Markets could still be underestimating the supply crunch from Iran sanctions.
Read More »Brent Oil Is Likely to Stabilize in $70-$80 per Barrel Range into Year-End
The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies.
Read More »Rouhani: US Sanctions are Economic War
Iranians has endured sanctions before and ".can overcome this difficult phase as well.".
Read More »Trump Fuels SPR Oil Sale Speculation
SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »Iran Blames US Meddling in Oil Prices
The sanctions are expected to impact Iranian oil exports.
Read More »EU. Iran to Create Special Mechanism to Continue Trade
The United States began reimposing economic sanctions this summer.
Read More »China`s Surplus Oil Refining Capacity to Hit Record in 2020
China’s refining capacity will grow to 880 million tonnes a year. equivalent to 17.6 million barrels per day. by 2020.
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