Tag Archives: Donald Trump

Donald Trump announced on Thursday US military forces will soon pull out from Syria.

Switzerland is close to launch an initiative to let companies sell food. medicine and medical devices to Iran by using a new payment channel.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.

Saudi total exports are set to drop to around 7mn bpd in January.

OPEC and its Russia-led allies agreed on Dec. 7 to cut output by more than expected.

OPEC expects global oil demand to slow next year and sees little support from the economic backdrop.

Washington had been pushing governments to cut imports of Iranian oil to zero.

Oil prices climbed by around 1 percent on Wednesday .

Saudi Arabia shouldered most of the production cuts on the OPEC side.

China added to market-friendly noise by saying it had agreed to cut tariffs on US autos to 15 per cent from 40 per cent.