Tag Archives: Dispute

The tariffs are likely to limit economic activity in both China and the United States.

The U.S.-China trade tension restricts oil from rising further.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.

Iraq’s exports from the south were set on a record pace in August.

Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.

U.S. prices have been supported by a drop in crude inventories.

Gazprom owes $2.56 billion for already delivered gas. considering Naftogaz’s $2.1 billion debt.