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China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
Read More »26 Companies Allowed to Bid for Oil. Gas Blocks in Iraq Border Areas
The bidding terms will be finalised by the end of May and the ceremony to open the bids will be held on June 21.
Read More »Goldman: OPEC doesn`t Want Brent Tops $70
Brent at above $70 a barrel ``will trigger some increased discussion within OPEC.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
Read More »OPEC won`t React to Small. Short-Lived Oil Supply Disruptions
Saudi Arabia. OPEC’s de-facto leader. wants to see oil prices above $60 a barrel.
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