May 18, 2018
Iran-Sanctions US

UK seeks waiver from US Iran sanctions

Key US ally Britain is seeking a waiver for energy companies to continue trading with Iranian counterparts despite President Donald Trump re-imposing sanctions on OPEC’s third-largest […]
May 15, 2018
oil and gas news

The Glut Is Gone

OPEC said that the global oil supply surplus has nearly been eliminated, although the group is shifting its sights on lack of investment in upstream supply. […]
April 27, 2018

OPEC cuts may go deeper

While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation. Angola, once Africa’s biggest crude producer, is suffering […]
April 19, 2018

Saudi Arabia seeks oil as high as $100

Top oil exporter Saudi Arabia would like to see crude oil rise to $80 or even $100 a barrel, three industry sources told Reuters. Wanting a […]
March 29, 2018

Oil prices rise as OPEC seen continuing supply cuts

Brent, off which OPEC prices most its crude exports, has risen by around a quarter since 2017, which has lead to speculation that the restraints on […]