All eyes will be on the well performance of the potential heavy hitter.
Read More »Trump and Xi Killed the Oil Rally
The U.S.-China relationship has moved further off track over the past two weeks.
Read More »Oil Prices Rebound on Friday from Two-Month Low
Commercial crude oil inventories in the U.S. increased by 4.7 million barrels. or 1%. to 476.8 million barrels for the week ending May 17.
Read More »India Ends Iran Oil Imports
Iran'.s partial suspension of its obligations under the nuclear deal was triggered by the United States'. withdrawal from the agreement in May 2018.
Read More »Groningen Gas Output Should Be Cut More Quickly
Production at the Groningen gas field in the Netherlands should be reduced at a faster pace following a 3.4 magnitude earthquake in the northern Dutch region.
Read More »US Crude Oil Inventories Highest Since July 2017
Crude inventories rose 4.7 million barrels in the week ended May 17. compared with analysts'. expectations for a decrease of 599.000 barrels.
Read More »Iran to Set Up Financial Channel to Return Exports Revenues from Iraq
A senior Iranian economic official announced that his country will launch a special financial channel to return the revenues from exports to Iraq.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »Afghanistan Continues Oil Imports from Iran
A spokesman of the Afghan ministry of oil and gas rejected media reports claiming that the country has stopped crude imports from Iran.
Read More »US to Extend Iran Energy Sanctions Waiver for Iraq
Tehran'.s dependence on oil export revenues has dropped to below 30 percent.
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