Crude oil futures were stable to lower during mid-morning trade in Asia Wednesday after the Energy Information Administration forecast a rise in US unconventional oil production in March. Expectations of Continue Reading
Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Continue Reading
OPEC+ cuts, supply disruptions and an easing of trade tensions between the U.S. and China has boosted crude oil to a three-month high. Bank of America Merrill Lynch says that Continue Reading
International ratings agency Fitch has awarded the Abu Dhabi National Oil Company (ADNOC) a stand-alone credit rating of AA+. This rating is evidence of ADNOC’s ongoing transformation from a traditional Continue Reading
Iran’s exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker data and industry sources, as some customers have Continue Reading
Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s Continue Reading
While all eyes are on the unfolding crisis in Venezuela, the Trump administration is laying the ground work for its next target: Iran. The greatest source of pressure has come Continue Reading
The Kurdistan region’s two leading political parties have stumbled in their efforts to implement an agreement to form a new government in Erbil and elect a new governor of Kirkuk. Continue Reading
India’s demand for electricity is expected to double in the next two decades, and coal has been long forecast to be the fuel of choice for power generation. But this Continue Reading
That deadline to complete talks with Beijing is “not a magical date,” he told reporters Tuesday, as midlevel U.S. and Chinese negotiators started this week’s trade meetings. Cabinet-level officials will Continue Reading
