Russia comfortably remained China'.s top crude supplier in November.
Read More »Markets are Preparing for OPEC Output Cuts
New projects in Brazil and Canada could add as much as rising U.S. exports.
Read More »Oil Market Key Indicator Displays Market Tightest in Three Years
The market is tightening and it’s tightening very quickly.
Read More »OPEC’s Production Holds Steady as Compliance Exceeds Planned Cuts
The 14 members of the Organization of Petroleum Exporting Countries pumped 32.47 MMbpd.
Read More »Iran Unrest. High Demand Take Crude Oil near $68
Freezing weather in the United States has spurred short-term demand. especially for heating oil.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
Read More »OPEC`s Biggest Challenge in 2018: An oil Deal Exit
The exporters group will look to keep prices within the so-called ‘shale band’.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
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