In the first half of May, American companies bought five million barrels of "Urals" oil - a volume comparable to the cumulative oil exports from Russia to the United States from January to April 2019.
You can not have a leading role in Libya, without going through Russia. This is one of the few certainties that occur in the chaos that pervades the North African country.
Oil prices saw a strong rally on Friday as the fate of the Iran nuclear deal, and its possible impact on global oil supply, overshadowed a rising U.S. oil rig count.
Oil prices seesawed over the past few days, but look poised to close out the week flat compared to last week.
The head of Russian oil company Lukoil said that Russia should withdraw from the OPEC/non-OPEC production cuts if oil prices stay at $70 per barrel for six months.
Is this not one of international politics most significant ‘coincidences’ that the Balfour declaration for the creation of Israel was adopted in the same fateful year, November 1917, in which the February and October 1917 communist revolutions wer
OPEC met on Friday to consider the possibility of extending the production cuts beyond March 2018.
Saudi Arabia, with the bellicose support of President Trump, has launched a diplomatic and partial economic offensive against the ridiculously small state of Qatar and is dragging its allies, the United Arab Emirates in particular, into a potentia
FARS news reported that India purchased about 473,000 barrels per day (bpd) of oil from Iran to feed expanding refining capacity, the official figures by the two countries' customs offices showed.
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