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.
Read More »Russian and U.S. Gas are in Germany`s Future Energy Mix
Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.
Read More »U.S. And OPEC Add Huge Volumes of New Supply to Soften Oil Market
The 15 countries in OPEC produced an average 33.31 million barrels per day in October.
Read More »There’s Enough Oil to Offset Iran Loss
A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.
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