Iran oil minister certain that oil prices will rise: Mehr
Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise Continue Reading
Saudi energy minister: unlikely to extend producers’ agreement
OPEC and non-OPEC producers are unlikely to extend their agreement to cut oil output beyond six months, because of the level of compliance with the deal and the rebalancing of Continue Reading
Saudi Arabia Sees No Need to Extend OPEC Deal Beyond Six Months
OPEC probably won’t need to extend a deal it reached with other crude producers to cut output, given the level of their compliance with the reductions and the outlook for Continue Reading
Iran Oil Minister Certain That Oil Prices Will Rise
Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise Continue Reading
Venezuela will circulate new proposal next week to support oil prices
Venezuela’s President Nicolas Maduro holds speaks during his annual report of the state of the nation at the Supreme Court in Caracas, Venezuela January 15, 2017. REUTERS/Carlos Garcia Rawlins Venezuela Continue Reading
Despite Plunging Peso, Wildcatters Try Making Money on Oil in Mexico
Wildcatters are crossing the border into Mexico to pour money into the country’s recently deregulated energy sector, betting that the plunging peso and other economic stress won’t disrupt their business. Continue Reading
It Can Power a Small Nation. But This Wind Farm in China Is Mostly Idle.
On the edge of the Gobi Desert, the Jiuquan Wind Power Base stands as a symbol of China ’s quest to dominate the world’s renewable energy market. With more than Continue Reading
China, Europe drive shift to electric cars as U.S. lags
Electric cars will pick up critical momentum in 2017, many in the auto industry believe – just not in North America. Tighter emissions rules in China and Europe leave global Continue Reading
EPA Locks in Tougher Fuel-Economy Rules
Environmental regulators issued a final decision Friday to hold to tougher fuel-economy standards, rushing to lock in one of President Barack Obama’s signature climate policies a week before President-elect Donald Continue Reading
U.S. Shale To Kill Off Oil Price Rally
Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming the breaks on an almost Continue Reading