The upcoming sanctions on Iran provide a golden opportunity to commercialize more U.S. oil in the Indian market.
Read More »Japan Stops Imports of Oil from Iran
Oil supplies from Iran should be completely stopped by October.
Read More »China`s Shanghai Exchange Launches New Fuel Oil Contract
Sinopec and China National Petroleum Corp (CNPC) among other oil and chemical majors have participated in the trading.
Read More »Nord Stream 2. an International Project
US President Donald Trump had chastised Germany for buying Russian natural gas and for working on the pipeline.
Read More »Russia Studying Possible Oil-for-Goods Deal with Iran
Russia is studying all legal issues related to the possible deal.
Read More »How Saudi Arabia Sets Its Oil Prices
Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »China Continue Oil Importing from Iran
China and India as two major importers of Iran'.s oil do not care about the US oil sanctions.
Read More »Aramco IPO Preparations Delay
Saudi Aramco and the country aren’t ready for an IPO that could raise $100 billion but also bring unprecedented scrutiny to the company.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman
Oman posted double-digit fiscal and current account deficits over the past few years.
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