Oil short-selling has more than doubled in three weeks. with attacks on oil facilities and tankers unable to push prices higher for very long.
Read More »OPEC. Allies to Sustain Oil Market Stability beyond 2020
Compliance with production quotas among OPEC and its allies is at 136%.
Read More »Shipping Costs Soar as LNG Vessels Drop Out of Service
The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013.
Read More »Russia. Saudi Arabia Sign Key Oil Deal
Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.
Read More »Aramco will Announce IPO ‘Very Soon’
The prospect of falling short of the $2 trillion valuation desired by Saudi rulers is widely considered the reason the IPO has been delayed.
Read More »A New Alliance in Energy Market
Overall. 20 agreements were signed between the two nations across a variety of industry sectors.
Read More »Geopolitical Risks Drive Unprecedented Hike in Oil Tanker Rates
Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years.
Read More »Indian Firm Eyes Investing in Qazvin Prov.
An Indian manufacturing company of various brands of home appliances. said that it intends to make investments in Qazvin province.
Read More »Russia. Germany Discuss Gas Transit across Ukraine
Ukraine should first and foremost make a decision on the future amounts of Russian gas to be procured under the direct contract.
Read More »Oil Prices Ease on Scant Details of U.S.-China Trade Deal
China’s imports from the United States have fallen 26.4% in dollar terms during the first nine months.
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