Tag Archives: United States of America

Trading was light after Thursday'.s heavy sell-off and ahead of the long weekend break in the United States and Britain.

The SPR sales would not start until October 2018 and would amount to just 95.000 bpd. or 1 percent of current U.S. output.

Saudi Arabia is pushing to extend the cuts by a further nine months until next March.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

OPEC has been urging other producers to join the supply pact.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.

This process would protect against cyberattacks such as the those levied against Ukraine in December 2016.

There’s a big push to bring more LNG export terminals online.

US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.