Tag Archives: International News Agency

U.S. sanctions are definitely changing production and price patterns in heavy crude and so is U.S. production.

China has imported 339.000 barrels a day of Venezuelan oil this year.

The new gas pipeline will double the capacity of the first Nord Stream. the route of which it will basically repeat.

The new arrangement will compensate for the stoppages of RIL’s purchases of Iranian and Venezuelan crude following US sanctions on both countries.

Britain had said the vessel was violating European sanctions by taking oil to Syria. a charge Iran denies.

US gasoline stocks fell 1.41 million barrels last week to 233.76 million barrels.

Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.

Markets have been pummeled in recent weeks amid tough talk from Trump on trade.

The average selling price for Aramco’s crude fell to $66 bbl in the first half from $69 bbl a year earlier.

Weakness in Asian stock markets had spilled first into Europe and from there into early US trading.