Tag Archives: International News Agency

China remained the largest export destination for Iranian oil. with flows rising to 714.467 b d in April. up just over 20.000 b d from March.

The gasmain is planned to be commissioned in 2019. it will be the second branch of the Northern stream.

First shipment of Kazakhstan'.s liquefied gas to Ukraine was launched through Belarus.

The US decision sent oil futures surging Wednesday as traders digested the likely consequences.

Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.

Moscow is not against keeping a certain amount of transit through Ukraine.

Experts believe that the US move would bring uncertainty to prices.

Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.

During the last round of sanctions. Iran'.s oil supplies fell by around 1 million barrels per day (bpd).

After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.