Country currently producing 3.89 million barrels a day Iran doesn’t accept OPEC secondary-source output estimates Iran, OPEC’s third-biggest member, plans to boost its oil output to a level of 4 Continue Reading
Iran’s oil ministry announced it will accept applications from foreign oil companies roughly a week after the US Treasury Department lifted more sanctions against Tehran. Iran has once again reminded Continue Reading
Rosneft may use Venezuelan crude at Essar’s Vadinar refinery India forecast by IEA as world’s fastest growing oil consumer A $13 billion deal involving Russia in India threatens to weaken Continue Reading
In the midst of the shale boom in 2013, Texas added more than 19,000 new jobs in the oil and gas production sector, leading the U.S. job increase in the Continue Reading
Russia needs money from Rosneft stake sale this year Rosneft may buy back its shares from state, for resale later Russia’s largest oil producer may help the state by buying Continue Reading
Oil is trudging tiredly lower into the weekend, exhausted after an onslaught of oil-specific releases and (another) week of ongoing OPEC rhetoric. Hark, here are five things to consider in Continue Reading
Crude oil is set to close out the week not much different from where it started, seesawing a bit along the way. Oil prices sank on EIA data showing rising Continue Reading
Crude prices fell Friday amid concern about the persistent oversupply of oil and skepticism that major oil producers will be able to coordinate the production cut they agreed to last Continue Reading
Crude inventories increase for first time in six weeks: EIA OPEC, Russia to discuss road map for output levels this month Oil retreated as the dollar advanced to near a Continue Reading
Last week, we learned that the Paris climate agreement will go into effect in November after the European Union formally joined the accord, tipping it past the threshold needed to Continue Reading
