Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Missing Saudi Journalist Is Creating Major Worries around the Oil Market
The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »China. Top Natural Gas Importer in 2018
Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »Nord Stream 2 Shows Lacks of EU Solidarity
The pipeline would threaten the energy security of Central and Eastern Europe.
Read More »Iraqi Oil Company Considers Rising Output
The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »Total Chief Executive does not Deny Merger with ENI
France’s Total has been seeking a merger with ENI for decades .
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Washington Mulls Waivers on Iran Oil
It was the first time a US official said the administration was in the process of considering waivers.
Read More »