This winter could turn out to be a hot one indeed for oil markets.
Read More »Iran will Stay in Nuclear Deal As Long as Possible
The Europeans and other signatories must work on compensating the US sanctions.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »U.S. not Able to Bring Iran`s Oil Export to Zero
The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
Read More »EU`s Big Powers Seeks to Bypass US Sanctions on Iran
EU needs ``a financially independent sovereign channel`` in order to keep the Iran deal alive.
Read More »EU will have to Bend to U.S. Sanctions against Iran
The U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.
Read More »Oil Reached USD 80. the Highest since May This Year
Oil traders are looking at the evolution of the category 4 Hurricane Florence. which is expected to make landfall in the USA coast by Friday.
Read More »U.S. Energy under Threat of Cyber Attacks
The difficulty is for the intruder to drill down into the computer-managed engineering systems of the grid and attack the programmable controllers.
Read More »US Hurricane and Iran Fallout Rise Global Oil Price
Petrol futures jumped as much as 2.2%. to $2.0021 a gallon. on the New York Mercantile Exchange.
Read More »Rick Perry to Meet Russian. Saudi Counterparts Ahead of Iran Sanctions
Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.
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