Based on preliminary data and model estimates, EIA (US Energy Information Agency) estimates that the United States exported 140,000 b/d more total crude oil and petroleum products in September than it imported; total exports exceeded imports by 550,0
The neo-conservatives who have duped President Trump into the "steal the oil" scheme in Syria are already distancing themselves from the plan. They know that it will end in failure.
President Trump again swore yesterday that the US was in Syria to take its oil. Even as his staff scrambles for a more legal justification for the presence of US troops in the country.
After years of teasing, the moment has finally arrived: Saudi Arabian Crown Prince Mohammed bin Salman (hereinafter dubbed "MbS" or "the Clown Prince") has announced the Saudi government's intention to float a stake in Saudi Aramco.
Welcome back to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news.
Welcome back to New World Next Week " the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news.
Update (1100ET): Bloomberg reports that the biggest producers in OPEC+ aren't pushing for deeper oil-supply cuts when the group meets next month, according to delegates across the coalition.
More footage has emerged of US special forces occupying Syria's oil fields in the country's northeast, after Trump's "secure the oil" policy went into effect this weekend.
On Thursday, following repeated statements by President Trump about the importance of "securing the oil" in Syria, President Bashar Assad sarcastically characterised Trump as...
Officials at Saudi Aramco believe that Iran used satellite maps from Google Maps to precisely attack the oil facilities in Saudi Arabia in the middle of September, a U.S. Senator who visited the Kingdom after the attacks said, raising concerns that n
International Man: The United States and Iran appear to be closer than ever to war. Where do you think this is headed, and what would the consequences of a war with Iran be?
Senator Lindsey Graham (R-SC) has been chewing down his fingernails ever since President Trump's first suggestion that US troops should come home from the Middle East.
The below analysis is provided by "Ehsani" -- a Middle East expert, Syrian-American banker and financial analyst who visits the region frequently and writes for the influential geopolitical analysis blog, Syria Comment.
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.
But Iran's national tanker company, the owner of the boat, is now ruling out missiles...But who did this is honestly not even relevant at this point. It could be Israel, the Saudis, rogue U.S. or British agents, etc.
Many questions remained unanswered early Friday after an attack on an Iranian oil tanker in the Red Sea sent oil prices higher, in the latest attack on energy-industry infrastructure in an increasingly volatile part of the world. According to the New
Russia's largest oil company Rosneft has set the euro as the default currency for all new exports of crude oil and refined products, as the state-controlled giant looks to switch as many sales as possible from U.S. dollars to euros in order to avoi
Returning from the United Nations General Assembly in New York, Turkish President Tayyip Erdogan told reporters Friday that it remains "impossible" for Turkey to halt its oil and gas purchases from Iran in conformity to US sanctions.
Already helped by reports of a partial Saudi cease-fire with Yemen, oil prices have legged lower - erasing all the price gains since the Saudi-attack - on the back on a Reuters report saying that US offered to remove all Iranian sanctions in exchange