The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.
Read More »International Oil Prices Slip as Trade Dispute Rise. U.S. Crude Stock Drop Supports
In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.
Read More »Saudi Energy Minister Denies Aramco IPO will be Called off
The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
Read More »IAEA Finds no Indication N. Korea Stopped Nuclear Activities
US President Donald Trump said on Monday he believed Pyongyang had taken specific steps toward denuclearization.
Read More »Iran Resumes electricity Supply to Iraq
Iraq to apply for an exemption from US sanctions against Tehran.
Read More »US Sanctions Two Russian Shippers for Oil Transfers to North Korea
Earlier this year. the US unveiled sanctions aimed at the illegal trade of petroleum products. coal and other goods with North Korea.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
Read More »Crude Prices Mixed as U.S. Readies Sanctions on Iran
Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.
Read More »China Switches to Iranian Tankers to Import Iran`s Oil
Iran is keen to keep its single biggest oil customer—China—when U.S. sanctions on Iranian oil exports kick in later this year.
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