Tag Archives: Oil and gas

IEA sees lower demand in 2020, 2021, over stagnant mobility

An Eastar Jet Inc. aircraft, front and Jeju Air Co. aircraft will land on Wednesday, August 12, 2020 at the intestinal surface at Incheon International Airport in Incheon, South Korea. SeongJoon Cho | Bloomberg via Getty Images The International Energy Agency on Thursday lowered its global oil demand forecasts several …

Read More »

Aramco’s Saudi demand, Iraq’s exports cut into focus

Sunset oil pumps, industrial oil pumping equipment Pramote Polyamate Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, though uncertainty over a deal to boost the U.S. economy’s economic recovery limited gains. US West Texas Intermediate (WTI) crude …

Read More »