Investors are focusing on the US-China trade tensions.
Read More »U.S. Shale Output to Hit New Record of 8.49 Million bpd in June
The EIA projected gas output would increase in most of the big shale basins in June.
Read More »Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
Read More »Uncertainty in Oil Markets amid Plenty Supplies
Uncertainty is expected in oil markets in the next three months due to ample supplies as well as Iran’s ability to continue to export despite sanctions by the US administration.
Read More »China’s Thirst for Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Iran Is Close to EU Oil Sales Deal despite U.S. Sanctions
Iran and the EU are on the brink of agreement. which. despite the return of unilateral American sanctions. will make Iranian oil sales possible.
Read More »Global Shares. Oil Slump after Trump Vows China Tariff Hike
The risk for Trump is that the Chinese don’t play ball and don’t go ahead with the negotiation.
Read More »Baker Hughes New Tech to Reduce Natural Gas Flaring in Permian
Most standard hydraulic fracturing fleets are powered with diesel engines mounted on trailers.
Read More »Iranian Non-Oil Exports. Oil Sales must Counter U.S. Sanctions
We should increase production and raise our (non-oil) exports and resist America’s plots against the sale of our oil.
Read More »Turkey Can’t Quickly Replace Iran`s Oil
Turkey’s refineries are not equipped to process crude oil from just any other country.
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