Tag Archives: Market

OVer past four years. crude oil price had declining trend or from around $100 per barrel in year 1391 reached to less than 40 dollars in the year 1394. which affect world petrochemicals market as well.

Asia is a key market for every exporter of crude oil.

The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.

The start of LNG shipments through the NSR with the Arc 7 ice-class tanker will help to increase cargo turnovers and develop navigation in the Arctic ocean.

Gazprom is the only company that currently has the right to export pipeline gas from Russia.

Shares of major shale producers. including Pioneer Natural Resources Co. and EOG Resources Inc.. tumbled this week as investors began to lose confidence in the prolific Permian basin.

The U.S. rig count is up 490 rigs from this time last year when it stood at 464. according to Baker Hughes.

It may be a challenge for Libya to maintain its current rate of exports.

The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.

OPEC’s biggest exporter and de facto leader. Saudi Arabia. has pledged to cut its total August exports to 6.6 million bpd.