Tag Archives: Market

Iran'.s export of products to Iraq in the nine months of current year hit $7.322 billion.

Japan relies heavily on imports from the Middle East.

Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.

Currently. Washington'.s sanctions apply only to US entities.

Russia has been in full compliance with its pledge to gradually cut its oil production.

PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.

Aramco is also expanding its refining investments in China.

Oil has rebounded this year as OPEC’s production cuts have taken effect.

The U.S. sanctions on Venezuela will limit oil transactions between Venezuela and other countries.

OPEC forecasts India'.s crude oil demand will expand to 5.8 million barrels per day by 2040.