The deal is intended as an end-run around Russia’s ability to choke off European energy supplies that are shipped via pipelin.
Read More »Oil Rises as Trump Predicts Trade Deal with China
Oil prices have fallen around 20% from a 2019 high reached in April.
Read More »Iran won’t have Bilateral Talks with US
Iran has fulfilled all of its nuclear obligations within JCPOA during past years.
Read More »Trump Says Wind Isn’t Working But His Energy Secretary Disagrees
President Donald Trump scoffed yet again at a source of electricity championed by his own energy secretary. saying wind power doesn’t work all that well.
Read More »US-China Trade War has Negative Impact on Oil Markets
China had seen a rapid pace of growth in imports of US crude.
Read More »Crude Oil Futures Fall on Escalating US-China Trade Tensions
The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.
Read More »Tensions Surrounding the South China Sea
China aims to secure exclusive access to such arrangements for its own oil giants.
Read More »Iran’s Reaction to US’ Medium-Range Missile Test
The US’ move may lead to an arms race at the global level.
Read More »China Adds Crude Oil to Tariffs List for First Time in Targeted Retaliation against US
Among Beijing’s latest punitive duties. it will impose a 5 per cent tariff on US crude oil from September 1.
Read More »U.S. Oil Rig Count Falls to Near 2-Year Low
Oil rigs have seen a loss of 106 rigs year on year. with gas rigs down 20 since this time last year.
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