Tag Archives: Exchange

Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).

SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.

The sanctions are expected to impact Iranian oil exports.

Three billion dollars of the revenue from oil. gas. and condensates have entered the economic cycle of the country.

The U.S.-China trade tension restricts oil from rising further.

Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.

Lack of proposal will not enable the US to null export of Iranian oil.

Libyan crude has been seen as an additional alternative to Iranian supplies.

Petrol futures jumped as much as 2.2%. to $2.0021 a gallon. on the New York Mercantile Exchange.

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.