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An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month.
Read More »Iranian Oil Heads to China ahead of U.S. Sanctions
Oil Unlikely To Reach $100
Saudi Arabia has been raising its production faster than many expected.
Read More »OPEC. Allies Struggle To Add Pledged Barrels to the Market
Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.
Read More »Russia Talks New Energy Project with Exxon amid Looming US Sanctions
The US energy giant is currently participating in just one major project – Sakhalin-1.
Read More »Turkey`s Tupras in Talks with U.S. for Iran Sanctions Waiver
Turkey imported around 97.000 barrels per day of Iranian oil in August and 133.000 bpd in September.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »OPEC Urges Producers to Increase Oil Capacities
Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.
Read More »India Devises Oil Strategy to Buy Crude from Iran
India. the world’s third-biggest oil consumer. meets more than 80 per cent of its oil needs through imports.
Read More »Saudi Arabia is Committed to Meeting India’s Oil Demand in Case of Shortfall
Saudi Arabia is India’s second largest oil supplier after Iraq.
Read More »Washington shouldn`t Interfere in European Energy Policy
The German government said last week it continues to regard the Nord Stream 2 pipeline as a useful project.
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