Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Saudi Arabia not Capable of Raising Oil Output
America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »India and China Set To Form ‘Oil Buyers Club’
India is concerned that the rallying oil prices are hurting its economy.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »OPEC Reaches a Deal to Hike Output
Saudi'.s Falih suggested negotiations will take place between countries with spare capacity to increase production and those unable to do so.
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