Tag Archives: Market

Mexico has been eagerly seeking foreign investment in its oil industry over the last couple of years.

China expects to raise its own natural gas production to a record-high this year.

The risk for OPEC and its allies is that this sort of market share is hard to recover once the self-imposed production cuts are lifted.

Energy Outlook forecasts U.S. crude oil production to increase by 1.4 million b d in 2018 and the Brent-WTI spread to average $3.96 b.

Russia supplies around a third of Europe’s gas. and its record exports are expected to increase.

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

The two fields were discovered by digging the first well No. 1 Jofeir. Khuzestan Province. southwestern Iran in 1976.

The US cannot become completely independent of foreign oil.

China'.s integrated circuit manufacturing industry was heavily dependent on imports abroad.

The United States is on track to become the world'.s biggest oil producer and it has big plans for the future.