Tag Archives: Market

Oil prices are responding to the tightening of supply due to the Libyan production halt.

Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.

The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.

U.S. shale production is going to continue growing strongly.

Fossil fuels’ share in the global energy mix falling from 54 percent to 48 percent by 2040.

The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.

The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.

Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.

The renewable energy business is promising as a core business that replaces the fuel and thermal power generation businesses.

The gas giants are currently involved in a long-standing litigation over the terms of the current delivery contract.