Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain.

• September 26, 2018

With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year, Indian refiners are considering cutting back their imports and relying more on cheaper crude already stored in inventories, according to industry executives.

• September 24, 2018

Iraq, the second-largest OPEC producer, is exporting close to 3.6 million barrels per day (bpd) of crude from its southern oilfields, as OPEC and others ramp up output to replace supply shortfalls from Iran and Venezuela, an Iraqi oil official said.

• September 24, 2018

A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change.

• September 24, 2018

By Vahagn AFYAN, Deputy head of Mission, Embassy of the Republic of Armenia to Poland

How can Armenia’s geopolitical context contribute to stability in its immediate vicinity and in NATO’s Southern Neighbourhood?

This paper will consider Armenia’s geopolitical location from the perspective of NATO’s Southern neighbourhood and examine its cohesion, dependability and potential contribution to NATO’s intended task of projecting stability. With regard to NATO and its relationship with Armenia, the first step is to create a better understanding of the particularities of the country and its policy. Increased knowledge of the ongoing integration processes affecting various political, economic and military aspects, as well as internal political developments, will allow a full exploration of the potential for strategic partnership between the Alliance and Armenia. READ MORE

• September 18, 2018

U.S.-based Devon Energy Corp will not bring oil wells online unless it has the capacity to deal with the gas byproducts, Chief Executive David Hager told a conference on Wednesday.

• September 10, 2018

Russia’s oil industry is awash with cash and will be able to withstand the planned 1 trillion rubles ($15 billion) in extra taxes over the next six years, Alexei Sazanov, the head of the tax department in the finance ministry, said in an interview.

• September 10, 2018

The world crude oil market is currently balanced, Algerian Energy Minister Mustapha Guitouni said on Monday ahead of a meeting of producers in Algiers.

• September 10, 2018