Tag Archives: Asia

OPEC members and independent producers will meet in the Austrian capital. Vienna. on 22 June to discuss a future production policy.

An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.

China'.s aggressive riposte to Trump took some in the industry by surprise.

A tariff on oil may be a way for China to send a message to the Trump administration without incurring damage at home.

Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.

The UAE minister said stock levels had dropped significantly since the beginning of 2017.

Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output.

In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.

OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.

China on Friday said it would retaliate by slapping duties on American export products. including crude oil.