Oil Breaks Out But Stronger Dollar Caps The Rally
The global oil market, a critical element of the world's economic engine, is currently at a pivotal junction.
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The Real Reason Russia Is Ramping Up Oil Production In Iraq
Russia is moving to gain a tighter grip on Iraqi oil production as its influence in Kurdistan is waning
UAE Is The Biggest Winner Of Saudi Arabia Production Cuts
Weakening demand by major oil consumers might also persuade Saudi Arabia to cut even further.
$85 Is Just The Beginning Of The Oil Rally
Saudis could decide to relax the cuts by 250,000 to 500,000 barrels daily from next month.
Russian ESPO Oil Price Surges On Strong Chinese Demand
The EPSO crude going to China in September is trading at discounts of just $2-$2.50 per barrel to ICE Brent on delivered-ex-ship (DES) basis, according to the sources
Oil Prices Tick Higher On Optimistic Economic Forecasts
Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF).
Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day
Iran's Growing Oil Production: A New Threat To OPEC's Market Grip
Iran’s ramp up, which is already ongoing, runs counter to Saudi Arabia’s agenda, and puts the organization at real risk that other members will need to cut production as Iran ramps up.
Saudi Arabia And Iran To Jointly Exploit Oil & Gas Fields
Iran and Saudi Arabia share more than 28 oil and gas fields which have never been exploited due to disagreements in terms of the amount of exploitation and level of access.
Foreign Intel: Iran Close To Testing First Nuke
deploying increasingly more sophisticated uranium enrichment centrifuges enlarging its enrichment capacity
Germany Signs Long-Term U.S. LNG Deal To Replace Russian Gas
New long-term deal signals that Germany will continue to rely on natural gas
New Oil & Gas Agreements Expand China’s Influence In Saudi Arabia
A slew of new commitments last week from Saudi Arabia to China
