China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Global Shares. Oil Slump after Trump Vows China Tariff Hike
The risk for Trump is that the Chinese don’t play ball and don’t go ahead with the negotiation.
Read More »EU Pledges to Trade with Iran. Condemns US Decision not to Extend Waivers to Purchase Iran`s Crude
The lifting of nuclear-related sanctions is an essential part of the JCPOA.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »Iraq will Respect OPEC Agreement and not Raise Production
Iraqi oil output was around 4.57 million b d in April.
Read More »Turkey Can’t Quickly Replace Iran`s Oil
Turkey’s refineries are not equipped to process crude oil from just any other country.
Read More »Qatar Opposes to US Unilateral Sanctions against Iran
US sanctions will not have a positive impact on the crises. and problems should be resolved through negotiations.
Read More »Qatar Digs 80 New Gas Wells to Increase Its Production
Qatar Petroleum is a state-owned firm which carries out all the activities related to oil and gas.
Read More »China and India to Form New Bargaining Bloc for Oil Imports
The alliance between the two Asian countries is likely to bode well for other Asian oil importers too.
Read More »Russia Investigates Violations Related to Oil Quality
The problem with the quality of oil coming from Russia to Belarus and Eastern Europe through Druzhba arose last week.
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