President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.
Read More »OPEC Expects Oil Demand Growth to Slow In 2019
Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.
Read More »U.S. Asks Saudi Arabia to Keep Oil Market Well Supplied
The U.S. is confident that it would be able to sanction Iran without market disruptions.
Read More »Iran will be a Reliable Energy Partner to India
Iran has always been a reliable energy partner for India and others.
Read More »US Sanction Threats on Iran`s Oil Exports not Important
Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
Read More »Algeria to Raise Oil Output by August
OPEC and non-OPEC countries decided in late 2016 to cut output by 1.8 million barrels per day to boost oil prices.
Read More »Saudi Arabia Ready to Pump more Oil to Balance Market
The statement said the kingdom will coordinate with other producers.
Read More »Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »