Oil prices are moving tangentially to news flows around the deluge of secondary cluster outbreaks.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »OPEC+ will Take Responsible Approach to Virus
Saudi Arabia supports the further oil production cut. but Russia is yet to announce its final position on the matter.
Read More »OPEC Plus Countries should not Be Complacent about Coronavirus
Every member in the OPEC+ group is a responsible and responsive oil producer.
Read More »Oil Prices Down with Virus Rebound and Libya Risks
On Friday. Brent closed at $58.30 while WTI saw prices of $53.38 per barrel.
Read More »Oil Near One-Month High on Supply Threats. Easing Demand Woes
Conflict in Libya that has led to a blockade of its ports and oilfields shows no signs of a resolution.
Read More »China to Accept Tariff Exemption Applications on US Goods from March 2
The exemptions will enable Chinese companies to import US goods and avoid the tariffs.
Read More »West Karoun Oilfields Production up Five-Fold in Past 6 Years
Last year. Iran eyed 300.000 barrels per day oil production from its West Karoun oilfields.
Read More »OPEC Cuts 2020 Oil Demand Outlook amid Coronavirus Uncertainty
Global benchmark Brent crude has fallen to around $55 a barrel this year. alarming producers.
Read More »Qatar Ready to Re-Route Oil. Gas Cargoes to China due to Spread of Virus
Qatar Ready to Re-Route Oil. Gas Cargoes to China due to Spread of Virus.
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