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A sharp rise in oil prices also comes at a delicate time for the global economy.
Read More »Oil Prices Rise after Attacks Halve Saudi Output
Saudi Supply Disruption Puts U.S. Oil Reserve in Play
The emergency stockpile is stored in huge underground salt caverns along the U.S. Gulf Coast.
Read More »Iran Rejects Pompeo’s ‘Lies’ about Yemeni Drone Raids on Saudi Oil Sites
US &. its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.
Read More »IEA Releases Latest Review of US Energy Policies
The abundance of low-cost natural gas has resulted in gas-fired generation overtaking coal-fired generation in the power sector.
Read More »US Natgas Prices To Fall To Lowest Since 1970s
Spot prices at the Henry Hub have averaged $2.62 so far in 2019.
Read More »Oil Rises as US. China Swap Concessions in Trade War
At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.
Read More »US Awards $15.2m for Advanced Nuclear Power Tech
One of the proposals is the development of machine learning solutions to improve and extend diagnostic and prognostic capabilities for predictive maintenance of plants.
Read More »US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »US Not Ruling Out Sanctions on Russia`s Rosneft over Venezuelan Oil Trade
Rosneft has responded to the US statement about possible sanctions due to oil purchases from Venezuela.
Read More »US Proudly Confirms Trying to Bribe Captains of Iranian Oil Tankers After Piracy Fails
The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.
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