Every effort should be made to avoid a potential supply gap.
Read More »Iran Asks OPEC to Support against U.S. Sanctions
OPEC governors meet next in October.
Read More »Southern Gas Corridor Serves Europe’s Strategic Interests
TAP is expected to be ready to receive first gas by 2020.
Read More »Overcompliance of OPEC Members Has Created a Problem
The decision to keep cutting or start ramping up needs to be unanimous.
Read More »OPEC’s Plans to Boost Output have Spooked Oil Market Bulls
Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by 1 million barrels a day.
Read More »The Oil Price Rally Isn’t Over Yet
Oil prices declined by more than 6 percent in the last few trading days.
Read More »China to Stomp Out Inefficiencies in Natural Gas Market
China is implementing a new policy to improve the efficiency of its natural gas market.
Read More »OPEC and Russia Manage to Control Oil Prices
Since last year. oil producing countries have cut back production in an attempt to offset dipping prices.
Read More »OPEC and Russia Change Tack with Plan to Open Oil Floodgates
Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.
Read More »Asian and US Stocks Rise on US-N.Korea Summit
In the currency market. the euro bounced back from a low of $1.1646 touched on Friday to trade at $1.1685.
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