Social and Events

Russia would eventually agree to cut its oil production.

Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.

The emirate will no longer remain committed to OPEC agreements.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

Despite the US sanctions. oil sales in this period will be more than a million barrels a day.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

Four Libyan oil export ports that were closed last week because of bad weather have reopened.

Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.

Mutual confidence between the government and private sector is the only way to circumvent sanctions.

The Iranian Minister of Energy has in Russia reviewed obstacles on the way of expanding economic cooperation between Iran and Russia.