Producers have already done a lot to ensure the market is well supplied.
Read More »Iran Expects Oil Exports won’t be Less than 1 million bpd
US officials are lying to the world and the Americans about oil price.
Read More »Big Oil Exporters must Diversify Economies
The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.
Read More »North Sea oil and gas `could still be worth £330bn`
Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades.
Read More »Saudi. Russian Oil Output Unable to Compensate for Iranian Crude
Washington is pushing allies to cut imports of Iranian oil to zero.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »Moscow Hopes to maintain Stability in Oil Market
Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.
Read More »Missing Saudi Journalist Is Creating Major Worries around the Oil Market
The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.
Read More »Saudi Oil Output Rise will Meet India`s Demand
Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »China Turns Its Back on US Oil
China is not the only country that is opposed to reinstating sanctions on Iran.
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