All the EU countries are hoping that SPV would be in place soon.
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Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
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Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.
Read More »Saudi Aramco Considers to buy stake in Hyundai Oil bank
Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.
Read More »Venezuelan Crisis Has Zero Impact on Oil Market
Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.
Read More »Increase in US Rig Count Weighs on Oil
China is trying to stem the slowdown with aggressive fiscal stimulus measures.
Read More »Al-Kaabi Plans to Order 60 New LNG Carriers
South Korean would be considered a primary option for building new LNG carriers for Qatar.
Read More »Is Russia Really Compliant to OPEC+ Cuts
The compliance with the agreed output cuts will be key to balancing the market in 2019.
Read More »Russia. China`s Top Crude Oil Supplier
China is among the countries that were granted a waiver from sanctions on Iranian oil imports.
Read More »Trump Administration Weighs Oil Embargo on Venezuela to Expel Maduro
Some energy industry officials are pressuring the Trump administration to hold off.
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