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Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Saudi Arabia Ready to Lessen Impact of Iran Oil Sanctions
After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.
Read More »Arab Economies. Winners of U.S. Exit of Iran Deal
The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »China Marks Crude Oil Import in April
Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.
Read More »Asia Markets Mostly Up after Wall St Surge. Iran Fears Boost Oil
Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »Construction of TAPI Pipeline is Carried Out According to Plan
As the leader of TAPI Pipeline company Limited. Turkmengas State Concern. which has a controlling stake. acts as the main financier and project manager.
Read More »Cyprus Says Gas Dispute with Israel is in ‘No One’s Interest’
The Aphrodite discovery in Cyprus’ Block 12 was made in late 2011.
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