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Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »Oil Rises on Libya Export Worries
Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Oil Markets Tense amid Outages. OPEC Policy and Trade Rows
US West Texas Intermediate crude futures was 35 cents higher at $68.43 a barrel.
Read More »Brent Oil Drops 2 Percent in Asia
Brent is flashing red in Asia. possibly because traders expect output to rise. courtesy of OPEC deal.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »Kazakhstan will not Increase Oil Production at Kashagan This Year
Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
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