Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
Read More »Oil Edges Up as Hopes on OPEC Output Cut High
US crude production reached another record last week. at 11.7 million barrels per day.
Read More »Saudis Cut Oil Exports to U.S. to Boost Crude Prices
The Saudi tactic to send reduced volumes to the States succeeded last year.
Read More »Saudi-Russian Oil Price Plan in Jeopardy
Saudi Arabia’s in a more precarious position for this upcoming OPEC meeting.
Read More »NOC Considers Energy Cooperation with Saudis
Libya hopes to obtain an exemption from possible reductions in oil production.
Read More »Venezuela Ready to Share Economic Data with IMF
Venezuela’s crude production could soon sink to below 1 million bpd.
Read More »IEA Welcomes Return of Oil Surplus after OPEC Output Surge
The IEA reduced its forecast for growth in emerging-market demand next year.
Read More »Oil Rises amid Expectations of OPEC Supply Cut
While OPEC considers withholding supply. U.S. crude oil production reached another record last week.
Read More »US Shale Surge Boosts Industry Finances. Puts Deals in Spotlight
OPEC last sought to drive out shale producers by flooding the market with oil in 2014.
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