Tag Archives: Energy Today

The trade war between the world’s two biggest economies has weighed heavily on global trade.

Consensus within the OPEC non-OPEC coalition is growing for a cut.

Iraq is OPEC’s second-largest oil producer following Saudi Arabia and pumps around 4.6 million bpd.

Qatar announced on Monday that it plans to withdraw from the oil producing group.

Japan protested through diplomatic channels immediately after confirming China’s latest activities.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

In India. gas is primarily used for fertilizers. followed by power generation. domestic fuel - largely for cooking - transport and petrochemicals.

Despite the US sanctions. oil sales in this period will be more than a million barrels a day.

Trump’s support is the key to the political fortunes of MBS.

Russia has for years been cooperating with OPEC. helping to engineer a rebound after a 2014 oil price slump.