Oil Inventories Soar Yet Again Despite Demand Rebound
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build, of 7.58 million barrels for the week ending May 8 even as several U.S. states begin…
Russia’s Top Oil Company Cuts Investment Due To OPEC+ Deal
Russia’s largest oil producer, Rosneft, will slash its investments for 2020 by 21 percent from earlier plans, due to the dramatic situation on the oil market and the new OPEC+…
Norway Takes $41 Billion From Oil Fund To Bolster Economy.
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter the economic…
Match-trade announces partnership with ucg in myanmar
November 21, 2017
