Tag Archives: International

OPEC delegates have said the group and its allies could cut by 1 million bpd if Russia contributed 150.000 bpd of that reduction.

Net U.S. crude imports fell last week by 1.7 million barrels per day.

The Saudis are working hard on the cut. But if Russia says no cut. then OPEC won'.t cut.

The fiscal deficit continues to narrow in Saudi Arabia.

Russia would eventually agree to cut its oil production.

The China-Russian oil pipeline has reduced costs and raised the efficiency of China'.s oil imports from Russia.

Shell intends to link these targets and other measures to its executive remuneration policy.

The mechanism is part of the EU’s efforts to encourage Iran to remain in the nuclear deal.

Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.

Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.