Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.
Read More »Vitol. Glencore. Shell Eye Petrobras’ Nigerian Assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »Aramco Increase Prices of Light Oil to Asia
The move is a sign that the market in the region is tightening.
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