Tag: Persian Gulf

Algeria Feeling the Brunt of US Shale

Algeria delivers the majority of its crude and condensate to the European market. Deliveries to Northwest Europe, Algeria’s top customer, have been running at an average of 314,000 barrels per day through the first 10 months of 2019, some 15

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LNG Daily: Market Analysis

After President Trump said the region was a mere 10 minutes away from conflict, concerns about war in the Persian Gulf drove oil prices higher on Friday. Oil prices closed at $64.58/bbl for Brent and $57.64/bbl for WTI.

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