Kim Jong Un pledged at a historic summit on Tuesday to move towards complete denuclearisation.
Read More »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
Read More »Oil Stable amid Cautious Optimism over Trump. Kim Summit in Singapore
OPEC and its partners are due to meet at its headquarters in Vienna. Austria. to discuss policy.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Microsoft Submerges Second Subsea Data Center
The experimental data center is as large as a shipping container. at 12.2 m in length and a diameter of 3.18 m and contains 12 racks with a total 864 servers.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
Read More »Oil Prices Slip on G7 Trade Concerns
Russia is the largest non-OPEC contributor to the production cut agreement. now in its second year.
Read More »US Oil Request Will Not Stop Stockpiles Dwindling
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.
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