Imports stood at 3.38 million tons worth $5.52 billion. down 38.33% and 32.56% in tonnage and value respectively YOY.
Read More »Oil Prices Up amid US-China Trade Talks. Supply Cut by OPEC
OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
Read More »Arctic LNG 2. World’s Next Great LNG Project
The consortium has been awarding preliminary contracts worth billion to subcontractors for the construction of the facility.
Read More »Venezuela Is Ready to Supply Oil to Russia
Washington blocked PDVSA'.s assets at $ 7 billion and threatened to block the accounts of oil buyers from Venezuela.
Read More »Donald Trump Tweets on OPEC for First Time in 2019
US plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve in April.
Read More »UAE Reduces Oil Production by 3.1% under OPEC Deal
The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.
Read More »Venezuela’s Post-US Sanctions Oil Exports Drop 40%
Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.
Read More »OPEC Crude Supply Drops to 4-yr Low in February
The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.
Read More »China’s Renewable Dominance
This global growth was largely fueled by just one country - China.
Read More »Novak: Gas Transit through Ukraine is Unprofitable
The agreements on gas transport between Moscow and Kyiv end at the end of 2019.
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