In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »Iran-U.S. Clash over Nuclear Deal at IAEA Talks in Vienna
The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.
Read More »U.S. to Begin LNG Deliveries to Germany in Four Years
Qatar has expressed interest in selling LNG to Germany.
Read More »Chinese Crude Oil Output Rises for First Time in Nearly 3 Years
Most Chinese oilfields can break even with oil at $70 per barrel.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »Iran’s Export Pain Could Mean a Tightening Oil Market
This winter could turn out to be a hot one indeed for oil markets.
Read More »Iran will Stay in Nuclear Deal As Long as Possible
The Europeans and other signatories must work on compensating the US sanctions.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »U.S. not Able to Bring Iran`s Oil Export to Zero
The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
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