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Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »Iranian Oil Minister Says He Got `What I Wanted` in OPEC Output Deal
OPEC and its 10 non-OPEC partners have agreed to restore compliance with their production cuts to 100%.
Read More »OPEC Reaches a Deal to Hike Output
Saudi'.s Falih suggested negotiations will take place between countries with spare capacity to increase production and those unable to do so.
Read More »Japan could End Iran Oil Loading from Oct without Exemption from U.S. Sanctions
In the wake of the last sanctions on Iran. financial institutions became very conservative.
Read More »NOPEC Act would Allow US to Sue OPEC for Manipulation Oil Prices
Higher oil prices help U.S. shale producers.
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