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.
Read More »Thanks to OPEC. 2017 was most Bullish Year
Oil bulls are charging into the new year with unprecedented vigour.
Read More »Libya`s Damaged Pipeline Will Come Back Online In January
It is estimated that the repair will take about one week from today.
Read More »Venezuela Oil-Backed Cryptocurrency to Launch in Days
The government appears to be hoping the petro will offset a collapse in Venezuela’s currency.
Read More »Libya Pipeline Blast Sends Oil Trade to Mid-2015 Levels
The pipeline explosion in Libya is a lot more serious as it may take a long time to restore
Read More »Russia Sees OPEC & Co Exit Oil Cuts Pact Very Smoothly
The Russian minister sees next year as «a year of balance».
Read More »Iraq Deal with Exxon Still not agreed
Project will be offered to other companies. no agreement is reached by February. oil minister said.
Read More »2018 Could See the OPEC Deal Collapse
Russian officials voiced some skepticism in the lead-up to the most recent extension.
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