Tag Archives: Market

The market is bearish because sentiment has turned

US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.

There are concerns that the glut could persist because shale supply.

Many of the questions revolved around the fact that there is so much inventory remaining.

US crude stocks rose by 11.6 million barrels last week.

Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.

The plant will be capable of incinerating 350 tons of municipal waste and converting it into 20 MW of electricity per day.

Tatneft had signed a memorandum of understanding in October to study the Dehloran oilfield in western Iran.

Iran is looking to raise production capacity from joint fields with Iraq by more than 10%.

Iran is making rapid forays into the European crude oil market.