Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Saudis will Boost Crude Production in The Next Three Months
Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »Germany Mulls Building LNG Plant
Trump pushed US LNG exports as crucial to increasing European energy security.
Read More »Oil Hits Four-Year Peak after OPEC+ Shows No Sign of Turning on the Taps
The United States will target Iran’s oil exports with sanctions from Nov. 4.
Read More »Iran: OPEC Meeting was Negative Response to Trump
The U.S. seeks to reduce Iranian oil exports to zero even for a month.
Read More »Global Market Tighten could Rise Oil to $100 by 2019
The threats of disruption as well as the early supply cuts have helped to lift Brent crude futures to nearly $80 a barrel this month.
Read More »Scottish tidal firm to sit down with G7 ministers
An Edinburgh-based tidal energy firm will sit down with G7 ministers today to discuss the future of the offshore renewable energy sector.
Read More »Trump`s Tweets Lift Oil Prices
The Trump administration is pushing politics into the OPEC.
Read More »Russia Ready to Finance Nord Stream 2 in Event of US Sanctions
The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.
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