Tag Archives: Asia

The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.

South Korea’s second largest refiner GS Caltex has bought 4 million barrels of Mars crude in recent months. the sources said.

Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.

The U.S. is unlikely to join with China and India. though it should.

The statement said the kingdom will coordinate with other producers.

The terms of the agreement reached last month were ambiguous.

Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.

The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.

Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

Kuwait will raise its oil production by 85.000 bopd as part of a recently reached OPEC agreement.