US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
Read More »Oil prices Decline. Market Tight on Disruptions. Record Demand
Analysts warn that the market has little spare capacity to deal with further disruptions.
Read More »Saudi Arabia Is Planning to Pump More Oil in July
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day.
Read More »US Wants India and Allies to Stop Importing Crude Oil from Iran by November 4
A State Department official said the US will not be granting waivers under the new sanctions regime.
Read More »China-US trade Dispute to Hit VLCC Demand
Sinopec expects China'.s total crude imports from the US in value terms to more than double in 2018 due to strong demand.
Read More »Oman will Host World Heavy Oil Congress & Exhibition
The World Heavy Oil Congress &. Exhibition is a collaboration hub that the global heavy oil community can return to every year.
Read More »Russia to Assess Legal Points of Purchasing Iranian Oil after Sanctions
Earlier this month. Washington urged its allies to stop importing oil from the Islamic Republic by early November.
Read More »Russia’s Oil Output Stood at 11.054 Million bpd on June
The Russian oil production stood at 11.054 million barrels per day (bpd) on June 1-26.
Read More »Novak. Munchin Discuss Sanctions. Russian Gas Pipeline Plans
Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
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