The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.
Read More »OPEC Secretary General: There is Sustainable Market Stability
The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.
Read More »Sechin: We`re Fine with any Oil Price
It would be silly to make any price forecasts at the moment.
Read More »Ankara won’t Obey Renewed US Sanctions on Iran
it is not easy for countries like Turkey and Japan to diversify energy supplies.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
Read More »South Korea Gets US Exemption on Iran Crude Oil Imports
South Korea has been granted a waiver from US sanctions on Iranian oil.
Read More »Brent to Hit $80 before Year-End
The most crucial difference between Goldman and some other forecasters is the confidence in emerging market demand.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »What’s Behind the Latest Oil Price Plunge?
Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
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