Saudi oil minister was sacked after a tenure of two decades
Saudi oil minister Ali al-Naimi was dismissed after more than 20 years since he took office, according to international media.…
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Oil consumption increased by 4% last year, mainly satisfied by imports
In Romania were consumed last year over 11.2 million tons of crude oil, with about 4% higher than in 2014,…
Daniel Apostol, ROPEPCA: Oil prices affect the auto industry
The continuous drop in the price of a barrel of oil at the lowest prices in 13 years not only…
Oil to rise again as Brazil, Iraq cut output
Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from…
The limitation of Iran’s nuclear program leads to a drop in oil prices
The agreement signed in Geneva between Iran and the P5 +1 group of countries – U.S., UK, Germany, France, Russia…