| Oil and Gas Business Information Dashboard
market data updated @ 11:00 PM MST
Oil price didn't fall despite US oil companies restoring 74% of production capacity after hurricane. US - Iran tensions won't let the price go below $59.50.
UAE seeking to launch a regional oil benchmark like Brent and WTI, by overhauling ADNOC trading operations and increasing its regional influence on the market.
As a result of high costs, major international energy companies have quit shale gas exploration in China. Hence, the sole way to supply LNG is to import from the U.S.