ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »U.S.. China will Become World`s Biggest LNG Exporter and Importer in 2024
World LNG demand reached a record 432 bcm in 2018.
Read More »China Greenhouse Gas Emissions Soar 50% during 2005-2014
The decline in CO2 from 2014-2016 came as a result of falling energy consumption. but it has since rebounded.
Read More »Iran Committed to Nuclear Deal as Long as other Parties Stay Committed
Iran expected Europe to take operational steps to fulfill the deal.
Read More »Huge Oil Glut Coming In 2020
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty.
Read More »Russia Looks for Asia LNG Buyers to Alleviate Western Sanctions` Bite
The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.
Read More »OPEC Expects Lower 2020 Demand For Its Oil
OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.
Read More »Iran Calls on Britain to Release Seized Oil Tanker Immediately
Iran has warned of reciprocal measures if the tanker is not released.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Oil Hits Six-Week High as Storm Builds in Gulf of Mexico
Rising U.S. shale production levels. subdued global economic momentum and existing trade uncertainties will cap bullish gains for crude oil futures.
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