Washington openly opposes the construction of the Nord Stream-2 pipeline and is trying to block this project.
Read More »Oil Stable as U.S.-China Trade Dispute Weighs
OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
Read More »US Active Drilling Rigs Reduce Sharply while Oil Prices Rebound after 7-Week Loss
Most of the oil production growth of the United States comes from the Permian Basin.
Read More »Brent Crude Likely to Trade $70-$80 per Barrel
According to analysts. Iran’s crude oil exports have fallen sharply due to US sanctions.
Read More »US May Explore and Produce Natural Gas in Ukraine
The pipeline is expected to deliver 55 billion cubic meters of Russian natural gas per year to the European Union.
Read More »Halliburton`s Vision to have Fully Automated Oil Fields
The company’s ultimate vision is to have an entirely automated oilfield and yes. this means robots.
Read More »Some OPEC Members Act in Accordance with U.S. Policy
Trump’s administration is pushing allies to cut imports of Iranian oil to zero.
Read More »Bolton Criticize Nord Stream 2 Project. Offers EU Israeli Gas. US LNG
The US national security advisor presented several solutions for the EU and Ukraine to reduce their dependency on Russian gas.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
Read More »UNIPEC to Resume US Oil Purchases
UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.
Read More »