The Texas Railroad Commission (RRC) finds itself at the center of the global policy for balancing the oil production with the current consumption as the only legal authority in US having the power to regulate Texas production. Without an agreement among the US producers in Texas, the global price war with Saudi Arabia and Russia will continue until one of the player is giving up the game. But can the RRC really do it?
Read more 14 Apr 2020
OPEC+ Agreement to Speed up Market Dichotomy
On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).
Read more 30 Aug 2013
One Day – One Country: USA
USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated […]
Read moreKey Projects and Business Highlights If the global economy is running from one dip to another dip wondering […]
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