OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
Read More »China Continues Exploration Oil Resources in East China Sea
China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.
Read More »UNIPEC to Resume US Oil Purchases
UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.
Read More »US Sanctions on Iran. Trade Disputes Brings Political Risk to Oil Markets
The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.
Read More »International Oil Prices Slip as Trade Dispute Rise. U.S. Crude Stock Drop Supports
In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.
Read More »Poland Opposes Russia`s Planned Gas Pipeline
Poland buys most of the gas it consumes from Russia but has taken steps to reduce that reliance.
Read More »Japan Increase U.S. LPG Purchases due to Sino-U.S. Trade Conflict
The U.S. has become increasingly price competitive.
Read More »Turkmenistan Files Application to Arbitration Court Due to Gas Dispute with Iran
Iran receives Turkmen gas through several pipeline branches and the main one is the Korpeje-Kurt-Kui gas pipeline.
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