The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.
Read More »U.S. Threatens China due to Continues Imports of Iranian Oil
China is importing Iranian crude at a rate of 150.000 to 220.000 bpd despite the end of sanction waivers.
Read More »OPEC Expects Lower 2020 Demand For Its Oil
OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.
Read More »Iran Calls on Britain to Release Seized Oil Tanker Immediately
Iran has warned of reciprocal measures if the tanker is not released.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Oil Hits Six-Week High as Storm Builds in Gulf of Mexico
Rising U.S. shale production levels. subdued global economic momentum and existing trade uncertainties will cap bullish gains for crude oil futures.
Read More »Iran Signs $6.2bn Worth of Contracts to Increase Oil Output by 280.000 bpd
10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.
Read More »IAEA Board Session on Iran Ends with no Conclusion
The majority of the Board members used the occasion to criticize Washington'.s unilateralism.
Read More »Any Strait of Hormuz Disruption Would Be “Major Obstacle“ To Economy
Most of Iraq’s oil is shipped through southern terminals.
Read More »Russia’s Crude Production Falls To Nearly Three-Year Low
Despite the rise in the June production. Russia was still complying. for a second month. with its pledge under the OPEC+ deal.
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