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Once the project is finalized. TurkStream will carry natural gas from Russia to Europe via Turkey. bypassing Ukraine.
Read More »Turkey. Russia Multiple Cooperation
OPEC`s Strategy to Avoid Trumps Anger
OPEC reportedly considered announcing a cut of 1.4 million bpd.
Read More »Oil Hits 2018 Lows on Emerging Supply Surplus
Oil prices have plunged by around 30 per cent since their last peaks in early October.
Read More »Low Oil Prices Will Hurt US Shale
Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.
Read More »Oil Prices Remains Weak. Saudi Arabia Vows to Balance Global Glut
The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.
Read More »Washington Tries to Reduce the Power of Oil Cartel
US President Donald Trump has repeatedly blamed OPEC for rising oil prices.
Read More »Goldman Sachs: Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.
Read More »OPEC. Allies will Address Oil Price Slump at Vienna Meeting
OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.
Read More »The Importance of Saudi`s Oil for Trump
Iran is OPEC’s third-largest producer. providing more than 2 percent of global oil output.
Read More »Libyan Oil Output could have Stabilizing Effect on Markets
Libya has northern Africa'.s largest proven reserves of oil - at 48 billion barrels.
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