Tag Archives: North America

Libya'.s gain means oil market pain.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.

Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.

In 2017. non-OPEC oil supply is projected to grow by 0.40 million barrels per day.

Repsol has been actively exploring in Alaska since 2008 and has an additional presence in the Gulf of Mexico.

Shell was buying as much as 200.000 barrels per day or six large cargoes of Iranian oil a month.

US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.

There are concerns that the glut could persist because shale supply.

Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.

Many of the questions revolved around the fact that there is so much inventory remaining.