If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.
Read More »Oil Supply Glut or Market Tightening Set to Return?
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 »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 »