Tag Archives: Asia

said Russia sought to evade sanctions on North Korea and then cover it up by suppressing an official UN report.

Crude prices were under pressure after the US announced a fresh round of tariffs on $200 billion worth of Chinese goods Monday.

Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.

In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.

Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.

Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.

Qatar has expressed interest in selling LNG to Germany.

Most Chinese oilfields can break even with oil at $70 per barrel.