OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
Read More »NIOC Offering 6th Round of Oil at IRENEX Today
NIOC started oil offering at IRENEX due to the US’s withdrawal from Iran’s nuclear deal and re-imposition of sanctions against Iranian oil sector.
Read More »Iran-China Trade at $1.73b in January
China’s exports to Iran in January stood at $722 million showing a 58.3 percent drop from its previous $1.73 billion in the same period in 2018.
Read More »Saudi Arabia may Raise April Crude Prices for Asia
Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.
Read More »Crude Oil Futures Stable as Markets Await US-China Trade Developments
The two sides are yet to sign any official agreement regarding the extension of the deadline.
Read More »IRENEX to Gain. but not Overnight
Five rounds of crude sale have so far been taken place at the energy exchange.
Read More »U.S. Crude Output Hit Record
Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »U.S.-China Trade Deal Leads to Higher Energy Price
Higher energy prices will lead to higher gasoline prices in the U.S.
Read More »OPEC. Allies Reset Oil Cuts. about Half are Keeping the Bargain
OPEC and its partners implemented a slightly different version of their supply-cut agreement in 2017-2018.
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