Russia reduced its crude production by 300.000 b d from October 2016.
Read More »Trump Convinced Saudi King to Ramp Up Oil Production
US president says convinced Salman to raise output by as much as 2 million bpd.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »ADNOC joins Abu Dhabi World Energy Congress
For more than 45 years. ADNOC has been entrusted with Abu Dhabi’s oil and gas resources.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
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.
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