Tag Archives: Market

Two OPEC members are looking to damage the group and undertake policies against Tehran for the US.

The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.

Stocks of propylene for non-fuel use fell by 1.02 million barrels to 1.787 million barrels for the week ending September 14.

The tariffs are likely to limit economic activity in both China and the United States.

Crude prices were under pressure after the US announced a fresh round of tariffs on $200 billion worth of Chinese goods Monday.

Russia has already reversed most of its own production cuts as part of the deal.

The U.S.-China trade tension restricts oil from rising further.

In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.

Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.