China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.

Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.

Iraq has witness weeks of popular protests calling for an end to corruption and improved living conditions.

China is the third largest importer of US LNG.

Saudi Arabia is sending the most crude oil to the U.S. in 15 months.

Sales rose in the second quarter to 84.4 billion reais. more than the 83.12 billion-real estimate of six analysts compiled by Bloomberg.

Russia. Saudi Arabia and others are raising their oil output by one million bpd to adversely affect Iran'.s oil exports.

The U.S. is weighing case-by-case exemptions for some countries from the next set of sanctions.

Iran and Pakistan have already agreed to open up and review the gas sales- purchase agreement (GSPA) inked between the two in 2009.

Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.