Putin is confident that in the modern world. strategic gains at the expense of other countries are impossible.
Read More »OPEC Seeks Help from U.S. Shale
Each of the U.S. producers acting individually can only impact a fraction of a percentage of the world oil market.
Read More »Iraq`s Kurdistan Oil Exports Still Sharply Reduced
Iraqi oil ministry officials have said they were hoping to bring output back to normal by Sunday but it has not happened yet.
Read More »OPEC Doesn’t Control Oil Market
In December 2016 in Vienna. 11 non-OPEC countries. including Azerbaijan. agreed to curtail oil output jointly by 558.000 barrels per day.
Read More »ISIS Driven Out of Syria`s Largest Oil Field
The government lost the al-Omar field to other insurgents in 2013.
Read More »Iraq Sends Reinforcements to Kirkuk Oil Fields
Large police troops were dispatched to Kirkuk oil fields as part of a plan to secure oil facilities there.
Read More »IAEA: No Problems with Inspections in Iran
Trump'.s approach has been blasted by many countries. international bodies. political communities and world media.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Iranian Light Oil Price at $54.81 In a Week
With OPEC-led supply cuts supporting prices. but rising U.S. production capping crude. many analysts see markets balanced in 2018 and 2019. with Brent in a $50-$60 range.
Read More »U.S. Looking to Japan for Help in Boosting LNG Exports to Asia
Many of the fastest growing markets in the Asian-Pacific region lack terminals and other infrastructure needed to increase their LNG imports.
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