The US accused Iran of executing attacks in the Gulf of Oman, which left two tankers ablaze, which further intensified tensions across the region. The
Tag: US
New Exploration Methods – 3D Seismic Surveys – Discover Extra 1.5 Billion Barrels of Oil in Alaska
New digital technology has helped discover more than 1.5 billion barrels of crude oil in the North Slope, a region in the US state of
OPEC Deal Update: Saudi Arabia Slashes Oil Production, US Exports Most Affected
Saudi Arabia has cut crude exports and the initial evidence hints that the biggest slash is being made in deliveries to the United States. Moreover,
US as World’s Top Oil Producer: What’s Next in 2019?
This year, the United States became the world’s largest oil producer. Oil is currently trading at around $50 a barrel, which could be considered as
OPEC: The Bad, the Worse and the Future
The OPEC cartel and its Russia-led allies have decided to cut oil production, starting January. The deal, which will see oil production cut by 1.2
The US Oil Embargo on Iran: A New Oil Shock?
The Vienna agreement from 14 July 2015 on Iran’s nuclear activities was a game changer for the oil market in the Middle East. The oil
Greening America, Slamming Trump: A Montana Judge Blocks Keystone XL Pipeline
Construction of the controversial pipeline Keystone XL was halted by a US judge in Montana, drawing praise from environmental groups and a rebuke from President
Expert Analysis: Navigating the Storm – ‘OPEC+’ Producers Facing Lower Oil Prices’
On 22 June 2018, oil ministers from the so-called “OPEC+” countries – which refers to the Organization of Petroleum Exporting Countries members and an alliance
Tit-for-Tat Trade War: China Set to Impose Retaliatory Tariffs on US Fertilizer
China intends to impose duties on US shipments of some types of fertilizer as part of the ongoing trade war between the two countries. The
The Geopolitics of Oil: Iran Fights Back Against US Threats to Block Its Oil Exports
Iranian President Hassan Rouhani said that his country would maintain its firm stance against US threats to undermine Iranian oil sales, and warned that the