International

The move would cause an output loss of 350.000 barrels per day.

The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.

Analytics firm GlobalData says Canada. China and Nigeria will also make significant investments.

Sinopec expects China'.s total crude imports from the US in value terms to more than double in 2018 due to strong demand.

Earlier this month. Washington urged its allies to stop importing oil from the Islamic Republic by early November.

Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.

Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.

India is concerned that the rallying oil prices are hurting its economy.

OPEC agreed to a modest rise in oil production from next month.

Libya’s national oil production has dropped to between 600.000 and 700.000 bpd due to the closure of the ports.