President Trump earlier this year announced the U.S. is re-imposing sanctions on Iran that will include Iranian oil sales.
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The U.S. has become increasingly price competitive.
Read More »Iran Sanctions Could Affect the Flow of U.S. Oil
Iran and China. along with Russia and Turkey. are drawing closer due to the intertwined issues of geopolitics and energy.
Read More »US Could Introduce Sanctions Against Nord Stream 2 Operators
The gas pipeline project is currently on the agenda of the talks between Russian President Vladimir Putin and German Chancellor Angela Merkel.
Read More »US Sanctions are Biting on Russia`s Natural Gas Projects
Western sanctions. first introduced in 2014 over Russia'.s apparent role in the conflict in Ukraine and later expanded.
Read More »How U.S. Shale Could Stop A Global Oil Supply Crisis?
Short-cycle U.S. shale production is growing and will grow next year too.
Read More »US Rig Count Unchanged at 1.057
Among the major oil and gas-producing states. Texas saw the largest gain with an increase of 3 units to a total of 525 rigs working.
Read More »US Ready to Slap Sanctions on China over Iran Oil Imports
China imports more than one-quarter of Iran’s oil.
Read More »Iran Oil Production Cut Hard to be Offset
Oil sanction is part of Trump'.s plan to pressure Iran to give more concessions than what were agreed upon in the JCPOA.
Read More »Oil Rise as US Production Ups and Asian Economies Slow
China and the United States have implemented several rounds of tit-for-tat tariffs on each others goods.
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