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While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
Nord Stream 2 Threatens European Cohesion
Nord Stream 2 is a pipeline for both Russian gas and Russian influence.
Read More »European Companies Prepare for TurkStream Gas
The extension of the second line to Italy via Greece or to Serbia via Bulgaria is among routes currently in assessment.
Read More »Kuwait will Ship its First Light Crude Grade by End-June
Kuwait is planning a new heavy crude grade later this year. with a gravity of 16 API and 4.9% sulfur content.
Read More »Iran Condemn US Output Rise Request
Iran criticized the Trump administration’s unofficial request to ramp up oil production to offset the shortfall of Iranian crude exports.
Read More »PDVSA Transfers Oil at Sea Despite Customer Doubt
The delivery method entails specialized equipment and training and higher costs for ship owners and customers.
Read More »U.S. Crude Could be a Victim in Brewing Trade War
The U.S. is focused on a ".fair". trading relationship with China.
Read More »China independents Look for Other Crude Oil Grades to Cover Venezuelan Shortfall
Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.
Read More »Iraqi Lawmakers Want Out Of OPEC Deal
Some new members-elect of Iraq’s parliament think that Iraq should be able to export as much crude oil as it wants.
Read More »PDVSA Considers Force Majeure on Oil Exports
Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro.
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