Critics say using the oil reserve for anything other than an oil supply disruption is unwise.
Read More »Venezuela’s Oil Crisis
China has decided to invest &.25 million to help slow the decline underway in Venezuela.
Read More »Kazakhstan Continues Increasing Oil Production
Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.
Read More »EU Firms Ask US to Let Them Trade with Iran
Germany. Britain and France have asked the Trump Administration to provide exemptions for EU companies.
Read More »Putin and Trump to Discuss Oil Prices at Summit in Helsinki
President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.
Read More »OPEC Expects Oil Demand Growth to Slow In 2019
Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.
Read More »U.S. Asks Saudi Arabia to Keep Oil Market Well Supplied
The U.S. is confident that it would be able to sanction Iran without market disruptions.
Read More »Iran will be a Reliable Energy Partner to India
Iran has always been a reliable energy partner for India and others.
Read More »OPEC is Doing Best to Supply Market
It’s unfair to say that OPEC is not doing its part.
Read More »US Sanction Threats on Iran`s Oil Exports not Important
Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.
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