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China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
Read More »Goldman: OPEC doesn`t Want Brent Tops $70
Brent at above $70 a barrel ``will trigger some increased discussion within OPEC.
Read More »Azerbaijan could Become Full Member of GECF
Azerbaijan joined the GECF as an observer member on November 21.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »Iraq Wants Kurdish Firm Kar Group to Halt Operation of Kirkuk Oilfields
Kirkuk crude sales have been halted since Iraqi forces took back control of the fields in October.
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