The amount of crude OPEC is capable of pumping is also set to deteriorate.
Read More »Asia`s New Refining Capacity
Aramco expected to boost its exports to Chinese refiners to 1.5 million bpd this quarter from 1 million bpd last year.
Read More »US will Surpass Saudi Arabia as World’s Top Crude Oil Exporter
Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.
Read More »The Future of Oil is too Risky
The oil business will be a major and important industry in Norway for many years to come.
Read More »Oil Rises on Ongoing OPEC-Led Supply Cuts. Fall in U.S. Rig Count
The group will meet in Vienna on April 17-18.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »US Pressures India to Stop Buying Oil from Venezuela
The Indian market is crucial for Venezuela’s economy.
Read More »No OPEC+ Output Policy Change until June
China and the U.S. would lead healthy global demand for oil this year.
Read More »U.S.. China Driving Oil Demand
Production in U.S. hit a record of more than 12 million bpd in February.
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