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Trump and his trade team have cracked down on China heavily since March.
Read More »Oil to Soar to $100. US-China Trade War Nears
China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »Leaving Iran Deal has a Long Term Implication on Oil Price
Former Shell Oil President John Hofmeister said leaving the Iran nuclear deal carries long-term implications on the price of oil.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
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 »Glencore Cancels Proposed Sale of Stake in Russian Oil Co.
Glencore and QIA have now agreed to dissolve their partnership.
Read More »IMF: Middle East Oil Importers to Beat Exporters in Growth Recovery
The good news of this recovery this year is that the outlook is positive for both oil-importing countries and oil-exporting countries.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
Read More »Cyber Attacks on US’s Energy Sector ‘Scary’
In 2012. Saudi Aramco production was locked down during the disk-wiping Shamoon incursion.
Read More »Macron. Trump Call for New Nuclear Deal with Iran
For months. American and European officials have been working behind the scenes to try to find a compromise over Trump'.s demands to change the agreement.
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