West Texas Intermediate crude was last seen up about 1.8% at $63.15 for the April spot.
Read More »Crude Battle is Much More Than OPEC vs U.S. Shale
The risk for OPEC and its allies is that this sort of market share is hard to recover once the self-imposed production cuts are lifted.
Read More »Merkel Emphasis Need for EU Unity
The pipeline would ship Russian gas to Germany. avoiding transit through Ukraine.
Read More »Total Oil Deal Strengthens UAE-France Ties
France has a military base in Abu Dhabi and is a major seller of arms to the UAE.
Read More »China becomes Number Two Importer of U.S. Crude
Energy Outlook forecasts U.S. crude oil production to increase by 1.4 million b d in 2018 and the Brent-WTI spread to average $3.96 b.
Read More »Albayrak: Any Project Excluding Turkey in East Med not Economically Feasible
In February. Greek Cyprus announced that ENI and partner Total had discovered a potentially sizable gas field off its southwestern coast.
Read More »Azerbaijan Considers Possible Membership with OPEC
OPEC’s headquarters in Vienna could not immediately be reached for comment.
Read More »What`s in a Name. Statoil?
The new name will be proposed to shareholders in a resolution to the Annual General Meeting on May 15.
Read More »US-Saudi Partnership: A Long Affair
The two countries initiated diplomatic relations in 1940 during World War II.
Read More »Ardakanian in Brazil for 8th World Water Forum
Organized under the slogan ".share water.". the forum seeks to bring education and environmental awareness.
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