Tag Archives: Market

In December 2016 in Vienna. 11 non-OPEC countries. including Azerbaijan. agreed to curtail oil output jointly by 558.000 barrels per day.

The US president has come under widespread criticism at home and abroad. with America’s European allies reaffirming their commitment to the nuclear accord.

Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.

With OPEC-led supply cuts supporting prices. but rising U.S. production capping crude. many analysts see markets balanced in 2018 and 2019. with Brent in a $50-$60 range.

In recent years. there have been significant cost reductions in both the onshore and bottom fixed offshore wind sectors.

The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.

Shell believes it can almost double the earnings from its chemicals business within the next two years.

The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.

LNG contract flexibility appears as an important determinant of the resiliency of the global gas system.

ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.