Tag Archives: International Organizations

U.S. President Donald Trump has introduced numerous tariffs on imports.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.

Iranian crude will be offered on the bourse and the private sector can export it.

Statement doesn’t confirm Trump tweet that King Salman ``agreed.``

Saudi Arabia cannot add 2mn bpd to the oil market.

For Russia. gas is a mechanism of political impact and a source of huge corruption.

In China'.s case. the Iranian crude oil is essential.

Iraq exported 3.490 million bpd of crude oil in May.

Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.