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The US has recently taken a series of measures which amount to waging trade wars.
Read More »Trump`s Assumption about Oil Price Contradicts the Economic Reality
Oil-Price Fall would Carry Risks for US Economy
In recent years. American reliance on foreign petroleum has dropped.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »Iran Hydrocarbon Reserves will Last 155 Years
Iran boasts one of the world'.s largest proven oil reserves of 158.7 billion barrels.
Read More »OPEC Mulling Longer Oil Cuts at June Meeting
OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.
Read More »Rise of Global LNG Demand over 2023-2030
Qatar is the world’s lowest cost major producer of LNG.
Read More »India to Work with China against OPEC`s `Asian Premium`
Asian Premium is the extra charge being collected by OPEC countries from Asian countries when selling oil.
Read More »Russian Oil Producers to Make Money from China’s Yuan-Backed Crude Futures
China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
Read More »Oil Rises on Syria Tensions
A surplus in global oil inventories is also close to evaporating. OPEC said on Thursday.
Read More »Oil and Renewables Firms Partnership into Floating Wind Studies
The Floating Wind Industry Partnership is to begin two new studies to investigate the major issues facing the sector and identify potential solutions.
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