Saudi Aramco has raised the price differentials for all of its five crude oil grades loading in July and bound for Asia.
Read More »Opportunity for Russia. China amid Trade War
US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.
Read More »Iran. Turkey Work on Pact to Ditch Greenback in Bilateral Trade
Iran has the world'.s second-largest proven reserves of natural gas.
Read More »OPEC Focused on Market Stability
Increasing trade friction and potential barriers would certainly have a negative impact on the global economy and oil demand growth.
Read More »Trade War Could Trigger a Global Financial Crisis
If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.
Read More »China Targets FedEx in Warning to U.S
China targeted FedEx Corp. in its escalating trade war with the U.S.. giving a hint of the kind of foreign companies it may blacklist as unreliable.
Read More »Total Takes on Toshiba`s U.S. LNG Business after Chinese Buyer Pulls Out
Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal.
Read More »Japan’s Iranian Oil Imports are Plunging
Preliminary data released by Japan’s Ministry of Finance showed that the country’s crude oil imports from Iran dropped 42 percent.
Read More »Iran. Turkey to launch new bilateral trade ties
Iranian Ambassador to Turkey Mohammad Farazmand said Iran and Turkey are to maintain bilateral trade with new financial mechanism.
Read More »ExxonMobil Staff will Return to Work in Iraq
The state of emergency was declared as a precaution because of floods that hit the region over winter and spring.
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