Tag Archives: International

The IEA warned that the oil industry is in danger of creating a major supply gap in the 2020s.

Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.

The United States is advancing financing of two liquefied natural gas (LNG) terminals in northern Germany.

International Brent crude oil futures marked a 2019-peak of $67.80 per barrel in Asian morning hours.

18 ministers had already confirmed they would attend the event.

Oil prices have been receiving broad support this year from supply cuts by OPEC and non-affiliated allies like Russia aimed at tightening markets.

The rebalancing of the global oil market was a work in progress.

The Tuesday meeting will cover discussions on ways of cooperation between the two institution.

Tehran is set to host the 15th round of the commission. The date of the event will be announced later.

Iran’s daily gas production from the field now exceeds that of Qatar.