China’s vehicle sales last month fell by 15.8 percent versus the same month in 2018.
Read More »Iran Self-Sufficient in Gasoline
Iran’s Persian Gulf Star Refinery converts light crude. known as condensate. into gasoline and naphtha.
Read More »Oil Prices to Fall from $65 bbl to $50 bbl
US-China trade talks are set to resume next week in Washington.
Read More »Oil Settles at 3M High on OPEC Output Decline
Progress in the trade talks between the US and China helped to allay fears about fuel demand.
Read More »OPEC has a President under Sanctions. but History Shows it`s Manageable
The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.
Read More »Future of OPEC+ Deal to Become Clear in April
The level of execution of the deal by the OPEC countries in January was 86%.
Read More »Oil prices Rise on Hopes for US-China Tariff Talks Progress
International Brent crude oil futures had yet to trade.
Read More »Global Oil Supply will Swamp Demand in 2019
Venezuela’s production has almost halved in two years to 1.17 million bpd.
Read More »Oil Market Uncertainty could Lead to a Real Crunch
A flurry of intensifying risks could trigger an energy market ".crunch". over the coming months.
Read More »OPEC Not a Cartel. Doesn`t Fix Oil Prices
OPEC and Russia have been cutting production together to support prices since 2017.
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