Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Despite soft trading last week. technical analysis points to plenty of upside before the end of 2018.

If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.

The loss of Iran could pull millions of barrels off the market at a time when spare capacity is at a premium.

Putin praised Trump for what he called ".his eagerness to meet all his promises he made to voters during his election campaign.".

The study is based on date only up to October 2014.

The rise in the price of crude is obviously very good news for oil companies.

All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure

Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.

Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.

In July. Russia planned to boost production by 200.000 barrels per day.