The proposed modifications are Trump’s latest attempt to fulfill campaign promises to revive the coal industry and restore mining jobs.
Read More »U.S. Oil Stocks Drop Sharply
Net U.S. crude imports fell last week by 1.7 million barrels per day.
Read More »Oil Rise on U.S.-China Trade Cease Fire
The trade war between the world’s two biggest economies has weighed heavily on global trade.
Read More »Asian Markets Rally on US-China Trade Cease Fire
China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.
Read More »US Influence in the Energy Market to Grow
OPEC and other major producers are considering coordinated output restrictions to stem a further drop in prices.
Read More »Oil Price Stable as OPEC. Russia Likely to Agree on Output Cuts Next Week
Crude reserves increased 6.4 billion barrels. or 19.5 percent. to 39.2 billion barrels at year-end 2017.
Read More »The Troika of Oil Market Decision Making
The output from the troika is the fastest-growing element in global oil supplies.
Read More »Trump Asked Iraqi Prime Minister for Oil as Repayment for Iraq War
The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.
Read More »U.S. Oil Firms Interested in Offshore Projects
Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.
Read More »U.S. President Can’t Live Without OPEC
Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.
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