Tag Archives: East Asia

The past winter season in Europe was one of the coldest this decade. sending gas demand soaring.

OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.

Tehran embraces expanding relations and cooperation with Seoul in different domains.

China is under the pressure to cut oil purchases from Iran.

Sinopec expects its crude oil output to remain stable over next three years.

South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.

Sinopec will process 121 million tonnes of crude oil in the second half of the year.

Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.

China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.

UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.