Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump refuses to certify the nuclear deal that eased sanctions on OPEC’s third-largest crude producer. Read Article  +

Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump refuses to certify the nuclear deal that eased sanctions on OPEC’s third-largest crude producer. Read Article  +

A looming ramp-up in U.S. sanctions on Tehran will further spook potential buyers of Iranian oil although supplies to Europe will most likely remain uninterrupted, top trading houses told the Reuters Global Commodities Summit this week. Read Article  +

Oil prices will remain relatively low in the next year or two as supplies remain ample despite ongoing cuts by OPEC, although potential new sanctions by the United States against Iran pose upside risk to the market, the president of consultancy Fa...  +

The oil price is set to remain stagnant over the next few years according to some analysts with the outside possibility that the price could tumble if Opec members fail to cooperate or production levels from the US continue to rise. Read Article  +

Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on OPEC’s third-largest crude producer. Read Article  +

Refining margins jumped after Hurricane Harvey, due to the sudden disruptions of a significant chunk of the world’s refining capacity. In fact, the outages highlight how tight global refining supply actually is — with limited spare capacity, there...  +

When an estimated 9 million Saudi Arabian women get behind the wheel starting next year, automakers aren’t the only companies poised to profit. Read Article  +

It is not quite going back to the horse, even if the bicycle was the first contraption to replace beasts as a means of personal transport. Read Article  +

Hurricane Harvey’s crippling impact on U.S. oil refinery operations this month and the challenge buyers faced in filling the gap in gasoline supplies has exposed a shortage of spare refining capacity around the globe. Read Article  +