Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »Iran Forecasts Growth of Oil Price to $100
Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.
Read More »Gulf Sovereign Wealth Funds Commit to Climate Pledge
The development builds on discussions during a climate summit in Paris last year.
Read More »Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
Read More »Libyan NOC Requests Sanctions over Push to Sell Oil from East
Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.
Read More »EU Tries to Save Iran Nuclear Deal
Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.
Read More »Iran may Lower Scale of Its Cooperation with IAEA
Iran'.s nuclear activities have always pursued peaceful purposes.
Read More »Iran Says Trump`s Tweets have Added $10 to Oil Prices
Trump was trying to intensify tensions between Iran and Saudi Arabia.
Read More »Khalifa Haftar has Some Conditions before Reopening Oil Ports
Five conditions are needed to solve the crisis to get it over with the terrorist groups.
Read More »Chinese Bank Approves US$5Bn Loan for Venezuelan Oil Development
These funds will allow Venezuela to upgrade the development of its key industry.
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