Tag Archives: Export

An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.

U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.

Russia and Norway are exporting record volumes of fuel to Europe via pipelines.

This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.

Iran imported $15.179 billion of non-oil products in the mentioned time span. with 4.05 percent fall from the figure of last year.

Oil producer has alternative channels to transport crude to its customers in Europe.

Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.

Juncker was dispatched to Washington this week along with other European officials as part of a last-ditch effort to halt those tariffs.

The final rule is expected to reduce the regulatory burden for additional small-scale LNG projects to come to market.

One of the VLCCs sustained minimal damage.