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Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.

Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.

Top officials. including the prime minister and other cabinet members. would be involved in promoting particular projects to nations in the region.

Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.

Trump is expected to have a decision on the nuclear deal as early as Friday.

Halliburton has announced the release of the BaraShale Lite Fluid System. a high performance water-based fluid designed to maintain full salt saturation with reduced density.

Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.

The IMF document noted the natural gas price index—an average for Europe. Japan. and the United States—decreased by 9.6 percent from February to August 2017.

For the purposes of the memorandum. LUKOIL-Engineering and NIOC will set up exchange of data necessary to study the areas. and establish a joint working group.

Vladimir Putin hopes first official trip by Saudi monarch to Moscow will seal powerful new alliance centered on oil and conflicts in the Gulf states.