Oil prices over the next couple of years will be as politically driven as it always has been, if not more extreme, Jeff Brown, President, FGE Group, tells ET Now.    Read Article  +

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG...  +

Saudi Aramco has outlined to Arab News how it plans to massively ramp up its multibillion-dollar natural gas business, both in the Kingdom and overseas, as gas gradually replaces coal and oil in global power generation.   Read Article  +

A South Korean delegation including oil buyers is expected to head to Iran next week to discuss resuming Iranian oil imports after a three-month halt, three sources with knowledge of the matter said.   Read Article  +

Iran’s oil exports could halve by the middle of next year from their October level as the US tightens the noose on Tehran through sanctions that will now focus on restricting crude revenue rather than imports by energy-hungry countries, ...  +

Oil steadied after an eight-day losing streak in New York as OPEC was said to consider cutting output again, offsetting concerns that crude is continuing to pile up in the U.S.   Read Article  +

India’s oil imports from Iran in 2018-19 could be higher than the previous year despite the imposition of U.S. sanctions, a Reuters analysis of industry data shows, forcing the government to rein in purchases in coming months.   Read A...  +

Oil lost steam after a U.S. government report showed the seventh straight weekly increase in domestic crude stockpiles.   Read Article  +

US sanctions have failed so far to shut down Iranian oil exports, and eight countries have been granted temporary exemptions to allow them to buy from Tehran without fear of punishment even after the deadline to halt all purchases has pa...  +

US sanctions have failed so far to shut down Iranian oil exports, and eight countries have been granted temporary exemptions to allow them to buy from Tehran without fear of punishment even after the deadline to halt all purchases has pa...  +