The European Commission presents a…
Russian President Vladimir Putin visited…
The United States pledges an…
China’s imports of crude oil from Venezuela dipped to a nearly nine-year low in September as major state-held Chinese companies back out of Venezuelan purchases, looking to avoid fallout from…
Russia-Turkey deal establishes ‘safe zone’ along Turkish border and there will be joint Russia-Turkey military patrols. The negotiations in Sochi were long – over six hours – tense and tough.…
Russian President Vladimir Putin pried loose a couple of energy investment deals from Saudi Arabia on his latest visit to the region, on October 14 and 15 (
Islamic State militants attacked checkpoints at a group of oil fields in northern Iraq, killing two members of the security force deployed there and injuring three, Reuters reports, citing…
The American political leadership may not have been able to connect the dots on a withdrawal in Syria, but it’s really quite simple: 1) Americans step aside 2) Turks swarm…
The U.S. pullout from Syria sparked strong—and opposing—reactions, as a move of that magnitude was bound to do. Trump bashers bashed Trump for quitting and Trump supporters cheered the America…
The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry. Russian TASS
Russian President Vladimir Putin has traveled to the oil-rich United Arab Emirates (U.A.E.) as part of a tour aimed at strengthening Moscow's presence in the Middle East.Putin flew…
Iran will not leave the Friday attack on the Sabiti tanker unpunished, President Hassan Rouhani said during his first media conference in more than a year. Bloomberg reports that…
Russia's de-dollarization efforts continue, in line with Putin's promise to lower the country's vulnerability to the ongoing threat of US sanctions, with officials eyeing energy exports next. “We have a…
The Houthi rebel group in Yemen was the first to claim responsibility for what they described as a drone attack on Khurais and Abqaiq in eastern Saudi Arabia. However, fingers were…
Russian President Vladimir Putin arrived in Saudi Arabia on October 14 amid rising tensions in the Persian Gulf and is expected to ink oil agreements, according to statements on the…
Saudi Crown Prince Mohammed bin Salman has been making headlines again these last few days. After giving an interview to CBS in which he admitted the mistakes of the Khashoggi…
Market Movers • Russian oil production dipped in September to 11.24 million bpd, down from 11.29 million bpd--a figure that is still above its agreed upon quota that it forged…
Oil prices have fallen sharply over the past week, as the swift return of disrupted Saudi oil production allowed markets to look past geopolitical risk. But that doesn’t mean…
Iran has announced that it thwarted a sophisticated plot to assassinate General Qassem Soleimani, head of the elite Quds Force of the Islamic Revolutionary Guard Corps (IRGC). State media, which first unveiled the news…
Last week’s agreement by the London-based oil and gas company TechnipFMC to pay US$5.1 million to settle an Iraq-related corruption case with the U.S. Securities and Exchange Commission (SEC) again…
Two days after Iran said that the detained UK-flagged oil tanker was “free to leave Iran,” officials in the Islamic Republic said on Wednesday that the detention order had…
The most important historic milestone was not the heavy damage to the Saudi oil installations during the attacks on them on September 14, 2019. Rather, it was a quiet Ashura…
Oil markets went for a wild ride this week in the aftermath of the drone strike on one of the world’s most important crude processing facilities. The attack led to…