Tag Archives: International Organizations

The British prime minister has announced that he will contribute $ 73 million (£ 56 million) to a South African energy storage fund.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.

The US threat to go after foreign businesses in Iran has been harshly criticized in Europe.

Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.

The Europe is reliant on oil imports for 98 percent of demand.

OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.

Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.

U.S. prices have been supported by a drop in crude inventories.

U.S. crude oil production in 2018 is expected to rise 1.31 million barrels per day.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.