The topics of the meeting. first of all. include cooperation in the field of energy.
Read More »Oil Price Rise as Production Stopped
With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.
Read More »Oil Market `Expects` OPEC to Extend Partnership with Other Producers
OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »China`s Slowing Oil Demand is a Concern for the Middle East
Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.
Read More »U.S. Sells 11 mil. Barrels of Oil Reserves to Exxon. 5 Others
Sale of the oil from the reserve was mandated by previous laws to fund the federal government and to fund a drug program.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »US Sanctions on Iran. Trade Disputes Brings Political Risk to Oil Markets
The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.
Read More »US to Offer 11 Million Barrels of Oil as Sanctions on Iran Crude Starts
Timing may reflect the White House’s concern over a tight oil market.
Read More »Europe should Act as U.S. Threats to Reimpose Oil Sanctions
The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.
Read More »