U.S. sanctions are putting pressure on Iran and its people, Iranian Supreme Leader Ayatollah Ali Khamenei said on Wednesday, according to his official website. U.S. President Donald Trump pulled out Continue Reading
Saudi Arabia is expected to announce a slight rise in its crude oil and gas reserves after being independently audited on Wednesday, according to a source familiar with the matter. Continue Reading
Saudi Arabia is tapping international investors with a new set of debt, becoming the hhighest-profileentrant to the bond market for the opening days of the year with its first issue Continue Reading
After the United States pulled out of the Obama-era Iran nuclear deal and re-imposed and added to sanctions last year, the Trump administration granted waivers to eight countries who were Continue Reading
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of the American Petroleum Institute industry group said on Tuesday, adding Continue Reading
The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General Continue Reading
Every day before dawn, a long line of people forms outside the Spanish consulate in the Plaza la Castellana in Caracas. Venezuelans, many of Spanish descent, are desperate to get Continue Reading
Curacao’s 335,000-barrel-per-day (bpd) Isla refinery has resumed work, management of the government-owned facility said on Tuesday, after eight months of paralysis caused by a dispute between its operator, Venezuela’s PDVSA, Continue Reading
Mexican President Andres Manuel Lopez Obrador said on Tuesday a military-assisted crackdown had dramatically reduced fuel theft and uncovered a secret pipe that was used to siphon gasoline out of Continue Reading
The American Petroleum Institute (API) reported a sizable crude oil inventory draw of 6.127 million barrels for the week ending Jan 4, compared to analyst expectations that we would see Continue Reading
