The sanctions are expected to impact Iranian oil exports.
Read More »Vitol will Stop Business with Iran after U.S. Sanctions Start
Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Saudis will Boost Crude Production in The Next Three Months
Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »LNG Shipping Prices Rise to Continue into 2019
A primary cause of the spikes has been rising production and concerns that demand will outpace supply.
Read More »Total Declares Major Gas Find Offshore UK
Glendronach is a significant discovery for Total.
Read More »Novak. Khalid Falih Holding Talks in Algeria
OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.
Read More »Iran Letter Reaffirms OPEC Divisions before Meeting
Iran argues one member has no right to steal the quota of another.
Read More »OPEC+ Comply with Vienna Agreement in August Achieving 129%
Compliance with supply cuts was 109% in July.
Read More »OPEC. Non-OPEC Panel Unlikely to Recommend Further Oil Output Hike
The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June.
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