OPEC pumped 29.88 million b d in April. according to an average of the secondary sources used to monitor output.
Read More »Goldman Sees Hard Path to OPEC Extension for Russia. Saudis
Stockpiles are currently at the highest level since mid-2017. according to Energy Information Administration data.
Read More »The US will Maintain Oil Production despite Low Energy Prices
U.S. production numbers are going to continue for quite some time.
Read More »Global Petroleum Show to Address Critical Issues Facing Canadian. Global E&P industry
The 51st installment of the Global Petroleum Show (GPS). North America’s largest onshore-oriented oil-and-gas event. kicks off today in Calgary. amid a Canadian activity trough from which industry leaders hope to recover soon.
Read More »Natural Gas Price Plunge Signals Greener Start for 2019 in U.S. and EU
Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.
Read More »The Global Gas Market`s Significant Turn
The battle for supremacy in large export markets has raged. particularly in Europe and East Asia.
Read More »Iran’s Oil-Free Economic Conduct
The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.
Read More »Qatar. Russia Will Boost Economic and Trade Cooperation
Qatar and Russia have enjoyed a long history of strong bilateral trade relations.
Read More »Russia May Be Testing U.S. Gas Nerve with Europe Push
Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of U.S. exporters. according to Citigroup Inc.
Read More »Alberta’s Oil Supply Cuts Find a Sweet Spot
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
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