US officials are lying to the world and the Americans about oil price.
Read More »Analysts See Brent Oil at $80 again
Saudi Arabia’s latest strategy of ‘produce as much as you can’ will hurt spare capacity.
Read More »Europe Eyes on Libya and Nigeria to Keep Oil under $100
After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »What’s Behind the Latest Oil Price Plunge?
Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.
Read More »Thamir Ghadhban. Iraq`s New Oil Minister
Ghadhban replace Jabbar al-Luaibi as oil minister.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
Read More »China Cuts Iran Oil Purchases Ahead of U.S. Sanctions
Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.
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.
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