Qatar also set its August Qatar Land crude OSP at $74.00 a barrel. down from $75.25 for the previous month.
Read More »US Oil Prices Rise ahead of Gulf Hurricane
For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.
Read More »Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »European Commission to Lift Controls on Chinese Solar Imports
Previous studies have suggested access to lower cost Chinese solar products could cut costs.
Read More »Artificial Intelligence Lab will Help UAE Track Solar Power. Pollution
The lab will use AI technology to identify concentrated solar energy locations as well as monitor and analyze levels of air pollutants in the country.
Read More »China’s Natural Gas Appetite
PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.
Read More »Iraq’s New Record from Southern Ports Export
Iraq’s exports from the south were set on a record pace in August.
Read More »China`s Slowing Oil Demand is a Concern for the Middle East
Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.
Read More »Talks with Europeans on Nuclear Deal to Continue
France is an important partner of Iran and that Iran has good relations with the European Union members.
Read More »Saudi Arabia may Maintain Oct Light Crude Prices for Asia Cargoes
The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.
Read More »