Tag Archives: Market

Crude oil prices were slightly up during the week with declines in U.S. crude oil inventories and production.

Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``

OPEC and its partners launched a new round of output cuts at the beginning of the year.

Oil services were hit hard by the steep sell-off in the oil market that started in 2014.

In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.

Artificial intelligence has been making inroads into the oil and gas industry for a while.

OPEC and its allies meet in June to decide whether to continue withholding supply.

Novatek became Russia’s top LNG producer after starting up its plant in the Yamal peninsula almost two years ago.

Several geopolitical factors in the coming months could lead to higher oil prices than the current $71 a barrel Brent.

U.S. sanctions have removed 800.000 bpd of heavy crude from the global market.