In 2017. China imported 95.6 billion cubic meters of natural gas via the Central Asian.
Read More »US Oil Prices Rise ahead of Gulf Hurricane
For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.
Read More »China`s Slowing Oil Demand is a Concern for the Middle East
Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »World’s First LNG-Powered Cruise Ship Launched in Germany
A 5.200-guest cruiseliner was floated on Tuesday at Meyer shipyard in Germany’s Papenburg.
Read More »Iran Oil Exports Lower
Oil prices rose on Friday. supported by signs that US sanctions on Iran are already reducing global crude supply.
Read More »IMF Urges Saudi Arabia to Contain Spending Despite Oil Price Rise
A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.
Read More »Oil Trades Near $68 on Bigger-Than-Forecast US Inventory Draw
The Trump administration will offer 11 million barrels of crude from its reserves.
Read More »IAEA Finds no Indication N. Korea Stopped Nuclear Activities
US President Donald Trump said on Monday he believed Pyongyang had taken specific steps toward denuclearization.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
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