Oil Falls On Lower Demand Outlook, US-China Trade Dispute
Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand
Senate Panel Backs Nord Stream 2 Sanctions Bill
Bipartisan measure that reflects concern over Russian influence passes by 20-2 vote.
Nord Stream 2 Pipeline Takes EU To Court
Russia-led project contents that new gas rules endanger its business model.
KCA Deutag’s Wins Russian Drilling Deals Worth $168 Million
Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.
US Oil Exports To Ukraine Deal Another Blow To Moscow
Political pressure and incidents of contaminated crude cut into Russia’s European dominance.
Russia’s July Oil Output Falls To Near 3-Year Low
Source says that Rosneft production is off 11% in the first 8 days compared to the June average.
OPEC Set To Extend Oil Cuts As Iran Endorses Pact
"It’s a rollover and it’s happening,” Saudi Energy Minister Khalid al-Falih, whose country is the de facto leader of OPEC, told reporters on June 30.
Petroleum Détente: OPEC Makes Peace With Shale
While many second-tier producers struggle with the effects of added U.S. crude supply, the big three make common cause.
Would Nord Stream 2 Sanctions Create Opportunities For US LNG Exporters?
The booming US LNG industry are increasingly seeking other markets as a second wave of LNG project construction begins.
Iran, Russia Talks Raise Hopes Of Progress On OPEC+ Meeting Date
Russia wants to move talks to avoid conflict with G20 meetings in Japan.