Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Gazprom Leaves First Place in Energy Company Rankings
Gazprom dropped to 17th after a year on top of the S&.P Global Platts table.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »Oil Hits Four-Year Peak after OPEC+ Shows No Sign of Turning on the Taps
The United States will target Iran’s oil exports with sanctions from Nov. 4.
Read More »Global Market Tighten could Rise Oil to $100 by 2019
The threats of disruption as well as the early supply cuts have helped to lift Brent crude futures to nearly $80 a barrel this month.
Read More »Saudi ATC Expects Increase in Oil Trade Volume in 2020
ATC was set up in 2012 to market refined products. base oils and bulk petrochemicals.
Read More »Iran Letter Reaffirms OPEC Divisions before Meeting
Iran argues one member has no right to steal the quota of another.
Read More »OPEC+ Comply with Vienna Agreement in August Achieving 129%
Compliance with supply cuts was 109% in July.
Read More »Russia`s Surgutneftegaz Seeks Dollar Alternative amid US Sanctions Threat
Russia has been subject to Western sanctions since its 2014 annexation of Ukraine´s Crimea region.
Read More »Washington can`t Replace Russian Gas with American LNG
The current market conditions are not favorable for the US.
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