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The American president said that the US will compete with Russia in the European gas market.
Read More »Putin to Trump: Russia will Continue Gas Transit through Ukraine
Could Russia and US Work Together to Regulate Oil Prices?
Trump has said Putin is ``a competitor. and a good competitor he is.``
Read More »Oil Prices Fall as Supply Disruption Concerns Ease
The United States holds a reserve of about 660 million barrels.
Read More »Mnuchin: U.S. will Consider some Waivers on Iran Sanctions
The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.
Read More »Chinese Refiner Halts US Crude. Turn to Iranian Oil
US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.
Read More »Lavrov Criticizes US Claims about Nord Stream 2
The US has repeatedly urged European countries to not participate in Nord Stream 2.
Read More »Trump Accused of Trying to Urge Europe to buy US LNG
Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.
Read More »US Expected to Become World`s Top Oil Producer Next Year
The United States led the world in oil production for much of the 20th century.
Read More »US Considers Tapping Emergency Oil Stockpiles to Decline Prices
The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.
Read More »US-Caused Oil Spike will Slow Growth. add to Tariff Impact
The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.
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