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IEA expects an increase in shale oil production and exports to Europe and Asia in the long term.
Read More »IEA: Demand for Oil in World to Increase by 2023
Gazprom Plans to Build a $ 20 Billion Plant Near the Baltic Sea
The estimated cost of the project is nearly $ 20 billion. adds Vedomosti'.s interlocutors.
Read More »Russia Is China`s Top Oil Supplier
China’s total crude oil imports in March rose to the second-highest on record at 9.2 million bpd.
Read More »Sonatrach CEO: Current Global Oil Price `Fair`
Algeria relies heavily on energy earnings.
Read More »Iraq’s Oil Exports Rose in March
The Iraqi oil exports reached in last February about 95.940.000 barrels.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
Read More »IAEA: Iran Implementing Nuclear Deal as UN. EU. Russia Back Agreement
The JCPOA ``continues to be the best way to ensure the exclusively peaceful nature of Iran’s nuclear program.
Read More »Oil Market in the Process of Being Balanced
OPEC and non-OPEC producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018.
Read More »Faleh: Global Market could Absorb Higher Oil Price
Oil has rebounded to over $70 a barrel. after prices crashed to as low as $26 in January 2016.
Read More »Libya Oil Output Drops after Attack on Pipeline
The OPEC country'.s output has recovered in the last year to nearly 1 million b d.
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