Trump unveiled a 25 percent tariff on a list of strategically important imports from China. including cars. promising further measures if Beijing struck back.
Read More »Saudi Arabian and Russian Oil Market Policy to Dominate OPEC summit in Vienna
GCC countries are thinking about the need to replace lost Iranian barrels.
Read More »South Korea Oil Imports Fell to Lowest Level over the Past Two Years
The US president had already emphasized that the regime of sanctions he plans to impose on Iran will be ``at the highest level``.
Read More »Saudi Arabia Plans Leaders` Summit This Year for OPEC. Allies
The producers meet on June 22-23 in Vienna and will discuss a gradual easing of the supply cut.
Read More »China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »India`s SBI to Stop Handling Iran Oil Payments
India'.s SBI to Stop Handling Iran Oil Payments.
Read More »Russia in Talks to Build Gas Pipeline Uniting the Korean Peninsula
South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
Read More »Brent Decline as Saudi. Russia could Support Output Hike
South Korea’s Iranian crude oil imports fell in May to their lowest since January.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
Russia and Saudi Arabia planned to sign a mutual agreement which will draw their cooperation in the energy arena to a new level.
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