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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 »U.S. oil Exports. on the Rise to China. Face Trade Spat Threat
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``.
Read More »China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »India`s SBI to Stop Handling Iran Oil Payments
India'.s SBI to Stop Handling Iran Oil Payments.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
Many nations have gone further than their pledged cuts.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Venezuela Lack of Oil to Export By 2019
Crude oil production in Venezuela is practically falling at an average of 10% every quarter and has been since mid-2017.
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