China only fulfils 5% of Sino-U.S. energy trade deal in first half of 2020
China bought only 5% of the targeted $25.3 billion in energy products from the United States in the first half
Περισσότερα...oil
Oil Majors Report Dismal Second Quarter Earnings
On Thursday, some quarterly figures from the oil majors started coming in – and they are mostly negative. Royal Dutch
Περισσότερα...US threatens Haftar with sanctions over oil blockade
Haftar’s forces have imposed a blockade on Libyan oil terminals since January, which has cost the war-ravaged country billions in
Περισσότερα...How The Fed Is Artificially Propping Up Oil Prices
Oil prices have stabilized at $40 per barrel, despite global oil demand remaining sharply below pre-pandemic levels. Everyone knows the
Περισσότερα...The Forgotten Conflict That Is Threatening Energy Markets
One of the world’s forgotten conflicts is now making headlines again. In the last week, the military conflict between Azerbaijan
Περισσότερα...EIA reports a surprise weekly climb in U.S. crude supplies
The Energy Information Administration reported Wednesday that U.S. crude inventories rose by 5.7 million barrels for the week ended July
Περισσότερα...Haftar’s forces prevent NOC tanker from loading crude oil from Es Sider port
Libyan National Oil Corporation (NOC) said Wednesday that the Petroleum Facilities Guard (PFG) – loyal to Khalifa Haftar – prevented
Περισσότερα...Tribal leaders in Libya “reopen oil fields” and authorize Haftar to negotiate procedures
A tribal leader in Libya’s oil-producing region on Monday indicated tribes there were ending a blockade on output and exports,
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Oil Prices Will Hit $50 Before The End Of The Year
There is plenty of bullish sentiment in oil markets despite fears of a second wave of COVID-19 cases and under
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The U.S. shale oil industry may collapse
The U.S. shale oil industry may collapse due to the sharp fall in oil prices because of coronavirus, a new
Περισσότερα...OPEC+ to meet Saturday on extending cuts, pushing for compliance
By Vladimir Soldatkin, Olesya Astakhova and Rania El Gamal OPEC and its allies led by Russia will meet on Saturday
Περισσότερα...First Iranian fuel tanker reaches Venezuelan waters without US interference
The first of five tankers loaded with gasoline sent from Iran has reached Venezuelan waters, expected to temporarily ease the
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