A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »House Judiciary Launches Antitrust Investigation into Tech Giants
The House Judiciary Committee is launching a bipartisan investigation into whether large tech companies such as Facebook. Google and Amazon are using their vast market power to suppress competition.
Read More »OPEC: Declining US Market Share Trend Continued in 2018
The group'.s total output declined by 1.3% last year.
Read More »Qatar Fights for LNG Dominance
Qatar is taking steps to proactively develop its solar power generation.
Read More »China`s Gas Pain for the U.S.
The U.S.. even without a 25 percent tariff on its LNG exports to China. would struggle to vie with Qatar as the top global LNG producer.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »The UK Needs To Double Its Charging Points To Support EV Adoption
The UK will need additional 28.000 public charging points for electric vehicles (EVs) by 2030.
Read More »Chinese Dump iPhones. Switch to Domestic Huawei Devices Amid US Crackdown
A growing number of former Apple devotees in China started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing.
Read More »Foreign Ministry Tasked with Oil Talks with Europe
Iranian Oil Minister Bijan Namdar Zanganeh said that the Supreme National Security Council (SNSC) has tasked the Foreign Ministry with holding talks with European countries on Tehran’s oil exports to the bloc.
Read More »Saudi Arabia will Boost India Crude Shipment amid Iran Crisis
India is Iran’s second largest oil customer after China.
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