Tag Archives: Market

The U.S. launched new sanctions on Iran’s petroleum sector on November 4.

Russia and Saudi Arabia were the world’s top two oil producers until this year.

The gas being exported out will likely fetch higher prices right now in Europe and Asia.

Average US exports of oil products have risen 7% so far this year.

Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.

Producers are ready to renew the agreement or increase cuts in case the market does not balance.

India is one of the largest consumers of crude oil and Iran has been one of the key suppliers.

Iran’s non-oil export has been registering rising numbers in the current Iranian year.

Middle East. Caucasian and Africa are potential export markets for Turkey'.s renewables sector.

The demand will traditionally grow during the summer.