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China retaliated by slapping duties on American export products. including crude oil.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
Venezuela Oil Production Dramatic Decline
IEA forecasts that Venezuela’s oil production could drop to Just 800.000 bpd or even lower next year.
Read More »Norway Looks to Build Its First Offshore Floating Wind Farms
Norway is pushing to potentially construct its first offshore floating wind farms.
Read More »Libya`s NOC Warns of Environmental Disaster Due to Clashes near Oil Terminals
Libya has been torn apart by conflict since its long-time leader Muammar Gaddafi was overthrown in 2011.
Read More »Outcomes of the OPEC Meeting
OPEC operates on consensus. and the production limits have always depended on voluntary compliance.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Libya`s NOC Says Oil Storage Damaged in Attack on Key Ports
Libya has descended into chaos following a 2011 uprising that toppled a longtime ruler.
Read More »Unipec`s Uncertainty as Beijing Threatens 25% Tariff on US Crude Imports
All crude oil imports into China are currently exempt from tariffs.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
Read More »Russian Gas Giant Gazprom Cut Off from International Capital Markets
The litigation between Gazprom and Naftogaz at the Stockholm Arbitration Institute was related to the terms of a contract on gas transit through Ukraine made eight years ago.
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