American oil production remained at its highest level ever at 11 million barrels per day.
Read More »Oil Demand to Hit 100 mmbpd
The trade disputes among some of the leading partners in the world will eventually hurt global economic growth.
Read More »Nord Stream 2 Pipeline `Unstoppable` Now
Some countries that are afraid of losing revenues from Russian gas transit. are opposed to Nord Stream 2.
Read More »US Rig Count Holds Steady as Oil Prices Slip
The oil and gas rig count is now 104 up from this time last year.
Read More »OPEC NOPEC will Discuss 1 Million Bpd Production Boost Next Week
Analysts had expected that Iran would not agree to any specific production boost.
Read More »Aramco Raises Production. Cuts Pricing on most Crudes to Asia
Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.
Read More »Libya`s NOC Announces the Highest Revenue since 2013
NOC has announced year-to-date revenue for 2018 of 13.6 billion dollars. hitting the highest revenue since 2013.
Read More »US Crude Inventories Decrease 4.3 Million bbl
US crude oil imports averaged 7.7 million b d. up by 229.000 b d from the previous week.
Read More »Oil Market `Expects` OPEC to Extend Partnership with Other Producers
OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.
Read More »Asian Markets Share Fall on Trade. Emerging Market Anxiety
The financial crises in Argentina and Turkey have sent shivers through emerging markets.
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