International

These funds will allow Venezuela to upgrade the development of its key industry.

The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.

South Korea’s second largest refiner GS Caltex has bought 4 million barrels of Mars crude in recent months. the sources said.

The U.S. is unlikely to join with China and India. though it should.

Recently. open US pressure on those Europeans who support the project has intensified.

The terms of the agreement reached last month were ambiguous.

Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.

The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.

The NOC had warned of daily losses of $67.4 million and extensive disruption to oil. gas and power operations.

Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.