Many nations have gone further than their pledged cuts.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »OPEC Considers Short-Term and Long-Term Market Stability
Venezuela and Iran have appealed to OPEC to maintain unity.
Read More »Naftogaz Invites Gazprom for Transit Talks
Ukraine and the European Union have already agreed to begin tripartite negotiations on the transit of gas to European consumers from Russia.
Read More »Saudis Start to Rise Oil Output. Ahead of OPEC Meeting
Saudi Arabia and some other Persian Gulf producers recently favored the idea of increasing overall output by 300.000 to 400.000 barrels a day.
Read More »Nord Stream 2 Threatens European Cohesion
Nord Stream 2 is a pipeline for both Russian gas and Russian influence.
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.
Read More »North Sea Firms Eye LNG Market Down Under
LNG in Australia is a huge business.
Read More »China independents Look for Other Crude Oil Grades to Cover Venezuelan Shortfall
Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.
Read More »Italy`s New Government to Review TAP Gas Pipeline
The final stage of the 3500 km (2200 miles) corridor. would be reviewed along with some other major projects.
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