Tag Archives: International Organizations

Buyers who defy the US sanctions risk having their banks frozen out of the American financial system.

Oil traders are looking at the evolution of the category 4 Hurricane Florence. which is expected to make landfall in the USA coast by Friday.

The difficulty is for the intruder to drill down into the computer-managed engineering systems of the grid and attack the programmable controllers.

Despite the lower purchases. Iran remained the third biggest oil supplier to India in August.

Iran’s key customers in Asia—no.1 China and no.2 India—are not expected to cut off their imports of Iranian oil.

Russia could raise output by 300.000 bpd.

Qatar has key role in the security of energy supplies for Europe and international markets.

Libyan crude has been seen as an additional alternative to Iranian supplies.

Petrol futures jumped as much as 2.2%. to $2.0021 a gallon. on the New York Mercantile Exchange.

OPEC and non-OPEC technical committee will discuss proposals for distributing the additional oil-output amongst members.