Tag Archives: Dispute

South Korea’s second largest refiner GS Caltex has bought 4 million barrels of Mars crude in recent months. the sources said.

Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

U.S. President Donald Trump has introduced numerous tariffs on imports.

The group started withholding supply in 2017 to prop up prices.

Saudi Arabia and its allies estimate that total cuts now amount to 2.8 million barrels.

U.S. President Donald Trump has called on OPEC to raise production to cool down oil prices.

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

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

China retaliated by slapping duties on American export products. including crude oil.

While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.