Social and Events

Russia is studying all legal issues related to the possible deal.

Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.

Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.

U.S. crude exports have surged since the nation lifted all restrictions on overseas shipments in late 2015.

U.S. crude oil is not on the list of 545 products the Chinese government has said it would immediately retaliate with in response to American duties.

Total Iranian oil and gas exports reached 2.2 million barrels of crude and 330.000 of condensates a day in June.

Libya’s National Oil Corporation (NOC) declared force majeure on loadings from Zueitina and Hariga ports on Monday.

Trump was trying to intensify tensions between Iran and Saudi Arabia.

Iran has warned it would not accept other producers reaping the benefits by taking its market share.

Iranian crude will be offered on the bourse and the private sector can export it.