Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.
Read More »OPEC to be Squeezed by US Shale until Mid-2020s
The amount of crude OPEC is capable of pumping is also set to deteriorate.
Read More »US will Surpass Saudi Arabia as World’s Top Crude Oil Exporter
Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.
Read More »India Seeks Saudi Investments to Bolster Crude Reserves
India has already built 5.33 million tons of underground reserves in three locations.
Read More »LNG Imports from the US to EU Continue to Rise by 181%
The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.
Read More »LNG Imports from the US to EU Continue to Rise by 181%
The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.
Read More »Asia Remained Top U.S. Oil Buyer in 2018
China passed on U.S. crude for much of the second half of last year amid a series of tit-for-tat tariff measures.
Read More »Oil Prices Up amid US-China Trade Talks. Supply Cut by OPEC
OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
Read More »Russia`s Arctic LNG Project Allures Japan
Tokyo is pressing Mitsubishi and Mitsui to make a decision.
Read More »220 Companies will Attend Iran’s Intl. Exchange Expo
Some 220 companies will take part in the 12th International Exhibition of Exchange. Bank and Insurance of Iran.
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