Tag Archives: Reuters International News Agency

OPEC and non-OPEC producers will hold an extraordinary meeting and do what is necessary to balance the market.

Iraq’s oil minister expects ``an improvement`` in oil prices at the beginning of next year.

Iran says that China National Petroleum Corporation (CNPC) is replacing Total in the South Pars gas project.

Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.

The 1.2-million-bpd cut is basically the currently expected production growth in the United States for next year.

The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.

Just 18 large-scale carbon capture and storage plants are in operation around the world.

Oil production from Libya’s biggest oilfield will only restart after ``alternative security arrangements are put in place``.

Both U.S. crude and Brent have shed more than 30 percent from early October amid swelling global inventories.

Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years.