Iran told OPEC on Sunday no member country should be allowed to take over another member'.s share of oil exports.
Read More »Merkel. Putin Discussion about Nord Stream 2. Syrian Reconstruction
Both leaders raised concerns about Syria and the plight of the many refugees created by the seven-year-old war there.
Read More »Russia may Abondon Dollar in Oil Trade
The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »UAE to Build Oil Pipeline to Connect Eritrea with Ethiopia
The UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.
Read More »US-China Trade War doesn`t Change the Bull Case for Oil
The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.
Read More »Russia. EU both Satisfied with WTO Ruling on Third Energy Package Dispute
Gazprom said it hoped the European Commission would now act to eliminate the violations of free trade rules confirmed by the WTO.
Read More »U.S. Expects Sanctions Taking 1 Million Bpd Iranian Oil off The Market
The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.
Read More »IEA: Easing Oil Supply Concerns may Only be Temporary
A rise in crude prices triggered by supply uncertainties could dampen demand for oil.
Read More »$90 Oil Is a Very Real Possibility
U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.
Read More »Venezuela’s Oil Production to Improve
Oil prices have recovered and the country’s economic collapse has left it unable to capitalize.
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