India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.
Read More »Repsol Discovers Oil in Alaska
Repsol has been actively exploring in Alaska since 2008 and has an additional presence in the Gulf of Mexico.
Read More »India’s Imports from Iran Trebled in February
Saudi Arabia. nevertheless. still remains India’s top supplier
Read More »Crude Prices Edge Off 3-Month Low
US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »Gazprom Neft Finalize Plan for Iranian Oil. Gas Projects
The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.
Read More »Brent Below $56
US crude stocks rose by 11.6 million barrels last week.
Read More »Crude Prices Slip
Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.
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