Russian Energy Minister Alexander Novak said on Tuesday that current high oil prices of between $70 and $80 per barrel were temporary and were mainly driven by sanctions, adding that Continue Reading
The Iraq War saw the use of commercial military forces — mercenaries — to an extensive degree unprecedented in the modern era. One of the military contracting firms, Blackwater (now Continue Reading
Russian state-run gas giant Gazprom and Tokyo-based conglomerate Mitsui & Co. inked a memorandum of understanding (MOU) on liquefied natural gas (LNG) development last week. The MOU was signed during Continue Reading
President Donald Trump pushed US LNG exports Tuesday as crucial to increasing European energy security during talks with Polish President Andrzej Duda while continuing his attacks on the Nord Stream Continue Reading
This week United States Ambassador to the United Nations Nikki Haley publicly accused Russia of “cheating” and “actively working to undermine” sanctions imposed by the U.N. on North Korea. In Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Tuesday as trade tensions heightened between the US and China, shrugging off analyst expectations of a further draw in US Continue Reading
Oil prices firmed on Tuesday after Saudi Arabia indicated it was comfortable with a higher price range ahead of a meeting between major producing countries in Algeria. crude LCOc1 futures Continue Reading
Oil prices were little changed on Monday as the market weighed deepening trade tension between the U.S. and China that is expected to dent global crude demand and potential supply Continue Reading
West Texas Intermediate could drop to US$65 a barrel later this year on the back of extra maintenance work at U.S. refineries, Tom Kloza from the Oil Price Information Service Continue Reading
Russian Energy Minister Alexander Novak said on Monday that all possible scenarios for oil output could be discussed at a meeting of OPEC and non-OPEC states in Algeria this month. Continue Reading
