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The U.S. is preparing to step up enforcement of international rules limiting sulfur in ship fuel.
Read More »Oil Heads for Fifth Weekly Loss as Demand Concerns Dominate
Russia may Reveal Stance on Oil Output Cuts Next Week
OPEC and its allies. a grouping known as OPEC+. are scheduled to meet in Vienna on March 5-6.
Read More »Russia Wants more Time to Mull Output Cuts
Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.
Read More »Coronavirus. the most Influential Variable in Oil Markets at the Moment
The big question for energy market observers is whether the hysteria surrounding the Coronavirus has seeped over into oil demand forecasts and market sentiment.
Read More »Iran. Pakistan Discuss Ways to Develop Defense Ties
The two sides also discussed border cooperation and the development of economic relations between Iran and Pakistan.
Read More »Shell will Build First Large-Scale Solar Farm
The company has said it aims to become the world’s top electricity producer by 2030.
Read More »Iran Outstrips Qatar in Gas Extraction from Joint Field
It covers an area of 9.700 square kilometers. of which 3.700 square kilometers belongs to Iran.
Read More »India will Import Oil from Russia for the Year 2020
Indian Oil Corporation Limited has signed a contract with Russia’s Rosneft for importing 2 million metric tonnes of Urals grade crude oil in a bilateral meeting.
Read More »Saudi Aramco Cuts Its Prices for Asia
Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.
Read More »Iran not Taken any New Measure in Violation of JCPOA
Iran has clearly stated that it will reverse its nuclear measures if its demands under the deal are fulfilled.
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