The condition means no other country has the right to compensate for another country’s oil production decrease.
Read More »China`s Tariffs on US Oil to Disrupt $1B Monthly Trade
China'.s aggressive riposte to Trump took some in the industry by surprise.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »China Threatens Duty on U.S. Crude Imports
China on Friday said it would retaliate by slapping duties on American export products. including crude oil.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
China retaliated by slapping duties on American export products. including crude oil.
Read More »Iran Oil Exports Slide in Early Ship Data after Trump Sanctions
One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
Read More »U.S. oil Exports. on the Rise to China. Face Trade Spat Threat
China has been a key recipient of American oil since a 40-year U.S. ban on exports was ended by then-President Barack Obama in 2015.
Read More »US.-China Trade Fight Leads Global Stocks Lower
Trump unveiled a 25 percent tariff on a list of strategically important imports from China. including cars. promising further measures if Beijing struck back.
Read More »South Korea Oil Imports Fell to Lowest Level over the Past Two Years
The US president had already emphasized that the regime of sanctions he plans to impose on Iran will be ``at the highest level``.
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