Crude inventories rose 4.7 million barrels in the week ended May 17. compared with analysts'. expectations for a decrease of 599.000 barrels.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »US to Extend Iran Energy Sanctions Waiver for Iraq
Tehran'.s dependence on oil export revenues has dropped to below 30 percent.
Read More »Huawei Crackdown Weighs on US Stocks
United States stock markets were lower on Monday as a US crackdown on China'.s Huawei Technologies raised concerns of a bigger impact on chipmakers and stoked fears of an escalation in the trade war between the world'.s two largest economies.
Read More »Baghdad does not Want US-Iran War
Iraq is playing a role to calm the situation but it is not a mediation.
Read More »Sanctions Bill on Nord Stream 2 Coming Soon
The opposition to Nord Stream 2 is still very much alive and well in the United States.
Read More »Australia Could Win Big From the U.S.. China Trade War
US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.
Read More »Exxon Mobil could Replace Russian Gas in Romanian Black Sea
Hungary is forced to import natural gas. 85 per cent of which is consumed by households.
Read More »U.S. LNG Exporters Hard Time due to Trade War with China
U.S. shipments of LNG to China hit a record in 2017.
Read More »US Targets Shippers for Bringing Venezuela Oil to Cuba
The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba.
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