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Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Saudi Arabia Plans to Reduce Oil Supply
U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
Read More »Oil Decrease as Rising U.S. Production Outweighs Talk of OPEC Output Cuts
OPEC and Russia may use cuts to support $70 per barrel.
Read More »Russia. Germany Criticize US Re-Imposition of Sanctions on Iran
The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
Read More »Iran Sanctions will Threaten the Oil Market
Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.
Read More »Saudi Arabia Ready to Boost Supplies over Iran Oil Sanctions
Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.
Read More »Study of US Oil Waivers Shows Market Needs Iranian Crude
The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
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