Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.
Read More »Libyan Civil War Threatens Oil Supply
Iran surprises US. observers with spike in oil exports
Iranian exports of crude oil and condensate have surged to levels near before sanctions. surprising market observers and affording the country an important victory in a US economic war on Tehran.
Read More »Brent Crude Hits 2019-High amid OPEC Supply Cuts. Sanctions on Venezuela and Iran
International Brent crude oil futures marked a 2019-peak of $67.80 per barrel in Asian morning hours.
Read More »U.S.-China Trade Deal Leads to Higher Energy Price
Higher energy prices will lead to higher gasoline prices in the U.S.
Read More »Saudi Arabia. Pakistan to Form JWG for Oil Projects
Both the sides agreed to establish a JWG aiming to exchange information.
Read More »U.S. Oil Prices Rise due to Tighter Supply
Russia has been in full compliance with its pledge to gradually cut its oil production.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
Read More »Increase in US Rig Count Weighs on Oil
China is trying to stem the slowdown with aggressive fiscal stimulus measures.
Read More »Saudi Arabia will Pump the World’s Very Last Barrel Of Oil
As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.
Read More »Libya’s Huge Oil Field. Sharara
Libya’s oil production and exports have been severely disrupted since early December.
Read More »