That Iran’s oil exports increased from 0.9 mbd to nearly 3 mbd after the JCPOA is an indication of the fact that we smashed the sanctions.
Read More »Oil Near One-Month High on Supply Threats. Easing Demand Woes
Conflict in Libya that has led to a blockade of its ports and oilfields shows no signs of a resolution.
Read More »Iran Envoy. OPEC Sec-Gen Review Oil Market Issues
OPEC is to hold a meeting at the level of minister in Vienna. Austria. on March 5.
Read More »LNG Market Rout Offers Glimmer of Hope
The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.
Read More »U.S. Sanctions Russian Producer Over Links to PDVSA
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »Why Saudi Arabia Need to Negotiate with Iran?
Recent remarks by the Iranian and Saudi officials on the dialogue between the two countries highlights significant points regarding the prospects for bilateral relations between Tehran and Riyadh.
Read More »Scottish Power Launches 100% Green Energy Tariff
It is the first integrated energy company in the UK to shift entirely to wind generation.
Read More »World’s Richest Man Commits $10bn to Tackling Climate Change
The founder and CEO of Amazon Jeff Bezos announced the creation of the Bezos Earth Fund in an Instagram post.
Read More »Saudi Arabia. Russia Discuss the Future of Global Oil Market
OPEC+ oil ministers will meet in Vienna on March 6.
Read More »Saudi Arabia’s Oil Exports Dropped 11% in 2019
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
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