Tag Archives: International

US crude production set to touch 9.9m bpd this month. well above EIA forecasts.

The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.

U.S. drillers added two oil rigs to reach 749 in the week ended Dec. 1. the highest level since late September. according to Baker Hughes.

European companies resumed purchase of oil cargoes from Iran since implementation of the Joint Comprehensive Plan of Action (JCPOA) in 2015.

At $60. the Kingdom and some other Gulf countries (though not Oman and Bahrain) will probably run a current account surplus for 2018.

The oil can be transferred both to Iran’s northern refineries and the southern export terminals.

The U.S. has for months insisted that more radical measures be taken against the North Korean regime.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

U.S. shale oil producers could increase production if oil prices rise.

China aims to increase domestic crude oil output to 200 million tonnes by 2020.