Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »Asian Spot LNG Prices Fall as November Cargoes Offloaded
Spot Asian LNG spiked last month in anticipation of winter demand after a hot summer depleted stockpiles.
Read More »Current oil Market Forces are out of OPEC`s Control
India has expressed ``discomfort`` with the high oil prices.
Read More »US Oil Rigs Rise to 2M High
In the same period last year. rig count stood at 743 rigs. which shows the continuous rise in American crude production.
Read More »South Korea Imports Zero Oil from Iran in September
The world’s fifth-largest crude buyer imported 10.8 million tonnes of crude last month.
Read More »China Turns Its Back on US Oil
China is not the only country that is opposed to reinstating sanctions on Iran.
Read More »Saudi Arabia Cannot Replace Iranian Oil in the Market
The Trump administration has called on all buyers of Iranian oil to cut imports to zero.
Read More »India Considers Payment System for Iranian Oil Imports
India wants to keep importing oil from Iran. because Tehran offers some discounts and incentives for Indian buyers.
Read More »Expensive Energy Threatens Global Economic Growth
Brent Crude prices have been holding above $80 a barrel.
Read More »U.S. Drillers Add 11 Rigs
The oil and gas rig count is now 135 up from this time last year.
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