Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »Oil Traders Expect Lower Prices
Vitol has now revised down its oil demand growth forecast for next year to 1.3 million bpd.
Read More »US Shale Oil not Able to Replace Traditional Oil
Unlike traditional oil. shale oil is more capital-intensive.
Read More »Can Arab Countries Compensate Iran`s Oil for India?
If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »Iranian Fuel Oil Exports Decline in Oct Ahead of US Sanctions
Iran is considered as a supplier of high-quality cutter stocks for bunker fuel.
Read More »Venezuela has the Biggest Crude Oil Reserve in the World
Tthis country is the biggest in terms of crude oil reserves.
Read More »Brent stable after hefty losses as Iran sanctions return to focus
Brent crude prices stabilized on Wednesday after heavy losses the day before. with looming U.S. sanctions against Iran back in focus.
Read More »IEA not Worried about Saudi Oil Supply Cuts over Journalist`s death
There’s a strong challenge for the key producers to increase production and comfort the markets.
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