Surging oil demand. particularly in the case of China. is likely to surprise the market to the upside.
Read More »Iran Condemn US Output Rise Request
Iran criticized the Trump administration’s unofficial request to ramp up oil production to offset the shortfall of Iranian crude exports.
Read More »U.S. Crude Could be a Victim in Brewing Trade War
The U.S. is focused on a ".fair". trading relationship with China.
Read More »ExxonMobil Sees Russian LNG Plant`s Capacity at 6.2 Million T Year
The plant’s capacity also could be increased from planned initial volumes.
Read More »US Asked OPEC to Raise Oil Output Due to High Gasoline Prices
The U.S. request was discussed at the meeting of the relevant ministers of Saudi Arabia. the United Arab Emirates. Kuwait and Oman in Kuwait this Saturday.
Read More »Will Saudi Arabia Listen To U.S. Demands For More Oil?
OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »U.S. to Impose Sanctions on European Companies in Russian Pipeline Project
The decision would test already fraught relations with Germany. other allies.
Read More »UK Torn Between Hydrogen and U.S. LNG
U.S. LNG could derail the advent of the hydrogen economy in the UK.
Read More »World Needs Even More Oil
Woods defends $200 billion projects as needed for world growth.
Read More »The Oil Price Rally Isn’t Over Yet
Oil prices declined by more than 6 percent in the last few trading days.
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