World oil market develops megaprojects
Oil companies are becoming aggressive again
Venezuela
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Who is buying Venezuela's oil now?
Venezuela's government has been looking for new buyers for its oil and says it wants to double shipments to India
Russia Today journalist injured by opposition in Venezuela
A journalist from RT's Redfish project has been injured during protests in Venezuela, Russia Today reported. The journalist, Nicole Kramm, was "nearly killed", the broadcaster said in a tweet, when members …
Guaido urges global community to consider ‘all variants’ for Venezuela
Venezuelan opposition leader Juan Guaido urged the international community to be ready to consider all options for settling the political crisis in Venezuela. "Today’s events force make to make a decision: to …
Part of Maduro's administration fled to Turkey - Guaido
Part of the President Nicholas Maduro's administration fled to Turkey, twitted Venezuelan opposition leader Juan Guaido on Saturday, TASS reports. "Soldiers do not yet know that high-ranking …
Trade war between U.S. and China still press on oil prices
Negotiators have begun to outline a deal to end the trade war between the world’s two largest economies
Moscow will only recognize new Venezuelan presidential election if Maduro calls it
Russia will only recognize the early presidential elections in Venezuela if President Nicolas Maduro is the one to call them, Russian Ambassador to Venezuela Vladimir Zayemsky said, TASS reports. He …
Iran's oil exports rise
It grows in early 2019 despite American sanctions
4 reasons to be bullish on oil and 3 reasons to be bearish on oil
After the best January in history, up 20%, crude prices got off to a slow start in February but have been rising of late
Russian Energy Ministry sees risks for oil market due to uncertainty in Venezuela
Russian Energy Minister Alexander Novak said there are risks for global oil markets from the political crisis in Venezuela, yet there are no proposals to reverse the global oil production cut deal. "That …
U.S. Sanctions on Venezuela beneficial for Iran?
The United States sanctions on Venezuelan crude complicate its effort to bring Iran’s oil exports to zero. According to some experts, to avoid a price spike, Washington will likely be forced to allow some buyers to continue purchasing …
Oil prices slip on weak markets and economy fears
However, prices were prevented from falling much further by supply cuts led by the Opec
Turkey pays more and more for energy import
Boost in oil prices is not the only cause for the energy bill growth, energy expert says
Erdogan accuses U.S. and EU in interfering in Venezuela affairs
Turkish President Recep Tayyip Erdogan expressed disbelief that democratic countries in the United States and the European Union have backed a coup attempt by opposition leader Juan Guaido against elected …
Venezuela “Resource Curse”
The oil-rich country is critically dependent on food, medicine, and other imports
Oil prices firm. Why?
Oil prices firm on OPEC-led supply cuts, sanctions against Venezuela
Will change of power in Venezuela be beneficial for its main trading partners - Moscow and Beijing?
If new authorities will take control over the industry, Venezuelan oil can be used as market regulator
Ankara holds rally in support of Maduro
A group of Turkish people on Saturday took to the streets in support of Venezuelan President Nicolas Maduro, Anadolu agency reports. The demonstration was organized by Ankara Platform for the Freedom of Religion and the crowd met in …
Oil prices up on hopes of U.S.-China breakthrough, tightened supply
Oil prices rose 1.5 percent on Friday, lifted by signs the United States and China could soon settle their protracted trade dispute while producer cuts and U.S. sanctions on Venezuelan exports have helped tighten supply, Reuters …
Why Erdogan supports Maduro
Turkey and Venezuela: The rise of a new alliance?