OPEC sees slower 2019 oil demand growth, warns on economy
OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge Continue Reading
Why OPEC Is Concerned About Global Demand Growth
Amid fears of global oil supply disruption and production curbs, in its latest monthly report , OPEC expects global oil supplies to remain stable, while cautioning that demand is becoming Continue Reading
Militants Fire Rockets At Tripoli Airport
Rockets have been fired at the only functioning airport in the Libyan capital of Tripoli, Reuters reports , citing information from local residents and a statement from the political faction Continue Reading
Analysis: Iran starts to feel pinch from US sanctions on refined oil products
Highlights Fuel oil exports begin to slow down Loses East Africa as key LPG outlet Refined oil product imports could be affected London — Iran’s headache ahead of looming US Continue Reading
Iran floats surplus oil as demand falls ahead of U.S. sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand for the oil fell ahead of Continue Reading
Iran Resumes Storing Oil In Tankers As U.S. Sanctions Approach
Iran has started to store oil in its own tankers off its coasts ahead of the U.S. sanctions on its oil exports that are expected to cut Tehran’s ability to Continue Reading
U.S. Slaps Sanctions On Libyan Militia Strongman Over Oil Attacks
In what is largely seen as a win for the Libyan National Army’s (LNA) General Khalifa Haftar, the United States Treasury Department , in conjunction with the United Nations, slapped Continue Reading
NOC says Libyan oil output normal despite attack on its headquarters
TRIPOLI (Reuters) – Libya’s state oil firm NOC said on Wednesday that it continued to manage its operations normally throughout the country, without loss of production, after a shooting attack Continue Reading
How Natural Gas Is Paving The Way To A Cleaner Energy Future
Many environmentalists are staunchly against the idea that natural gas can act as a bridge fuel to a renewable future. Actor Mark Ruffalo echoed the sentiments of many environmentalists when Continue Reading
Calls grow for international action in Venezuela
When Nikki Haley told the UN Security Council this week that “enough is enough” and “we need to do something”, she was not suggesting that Tomahawk missiles should soon rain Continue Reading