International

Among Beijing’s latest punitive duties. it will impose a 5 per cent tariff on US crude oil from September 1.

Saudi Arabia remained China’s top oil supplier last month.

A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.

Aramco’s first attempt at a listing attracted a flurry of pitches from top global exchanges from New York to Tokyo seeking to host the listing.

ONGC'.s offshore output fell 4.5% to 1.22 million tonnes. while onshore production slipped 0.1% to 0.51 million tonnes.

Australia is a staunch ally of the United States. which in recent months has called on its partners to do more to defend global security.

U.S. sanctions are definitely changing production and price patterns in heavy crude and so is U.S. production.

It is the first sustainability report issued by a Chinese company in the Kingdom.

China has imported 339.000 barrels a day of Venezuelan oil this year.

The new arrangement will compensate for the stoppages of RIL’s purchases of Iranian and Venezuelan crude following US sanctions on both countries.