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Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »OPEC Concerned about US Shale Flooding Market
US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »Exxon`s New Discovery in Papua New Guinea
The discovery added to the company'.s ".rapidly growing inventory of low cost supply of natural gas". in Papua New Guinea.
Read More »US Tries to strengthen its presence in Central Asia
Kazakhstan. US conclude a number of commercial contracts. including in the oil and gas sector.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Trump Extends Iran Sanctions Relief
IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.
Read More »American Oil Drillers` Output could Top Saudi Arabia and Russia by 2019
EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.
Read More »Oil Industry Wants Pipelines to be Part of Trump’s Infrastructure Push
The oil industry is having more difficulty than it has before in developing its infrastructure.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
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