Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »OPEC May Announce Short Extension of Output Deal
OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.
Read More »BP Says Caspian Gas Pipeline`s Georgia Section Ready by Mid-2018
Around 10 billion cubic metres (bcm) per year of Azeri gas should reach Europe by 2020 through the Trans Adriatic Pipeline.
Read More »Saudi Aramco will Boost Oil Loading Capacity with Reopened Terminal
The move will boost Aramco'.s ability to meet its commitments to customers and maintain its export capability from the kingdom'.s west coast.
Read More »IEA: Oil Discoveries Dropped to Record Low in 2016
Oil discoveries fell to 2.4 billion barrels in 2016. compared to an average of 9 billion barrels over the past 15 years.
Read More »Oil Prices Inch Down on High Stocks. Weak China Factories Survey
The Organization of the Petroleum Exporting Countries (OPEC)meets this month to discuss oil supply policy.
Read More »China`s Oil Stockpiling in First-Half 2016 Slows on Tank Shortage
China boosted its SPR across nine bases by adding 1.28 million tonnes of crude oil in the first half of 2016.
Read More »Climate Change Fight Needs $80 Billion Investment in Nuclear Energy
Hahn is the director of the Division of Nuclear Power. Department of Nuclear Energy.
Read More »Iran Ready to Back OPEC Deal Extension
Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.
Read More »Iran Gets Positive Output Cut Signals from OPEC. Non-OPEC States
Tehran agreed to curb its nuclear programme in exchange for lifting of most international sanctions imposed on the country.
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